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Wallpaper lasts an average of around 15 years, but there is some variance. The type of wallpaper matters, as vinyl wallpaper tends to last the longest—sometimes 20 years or more—while a peel-and-stick wallpaper, which is the easiest to install for DIYers, will usually only last for around five years. Exposure to high humidity, smoke, and UV rays from sunlight can also limit the lifespan of your wallpaper, as can heavy traffic in the installation area.

Yes, peel-and-stick wallpaper is available that’s made from vinyl—it actually is the most common material used in peel-and-stick wallpaper. Learning how to install vinyl wallpaper is far easier when you’re using a peel-and-stick design than with adhesive. You could also select peel-and-stick wallpaper that consists of paper, polyester, or natural fibers.

It is less costly to paint than wallpaper when you only consider the upfront cost. Wallpaper costs $320 to $820 when applied by a pro, while paint only costs $200 to $700 per room. However, when comparing wallpaper versus paint, consider the long-term as well. Wallpaper can save you money over time since it has a much longer life span than paint.

Wall panels offer functional and aesthetic benefits. From a practical standpoint, panels can improve your home's insulation and energy efficiency, especially if you opt for solid wood panels. They can also help protect your existing wall.

Aesthetically, wall panels have a knack for adding dynamic texture, warmth, and sophistication to a room. And thanks to their many different shapes, sizes, and styles, wall panels can elevate a wide variety of home designs.

Finally, it’s relatively easy to cover wall panels, so you have some flexibility if you end up not liking the look over time.