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No, it isn’t less expensive to install carpet compared to vinyl floors. The cost of installing carpet can range between $3 and $11 per square foot, so it falls just over the cost of installing vinyl flooring, at an average of $3 to $7 per square foot. High-quality carpeting can also range much higher, even up to $20 per square foot.

While it's possible to cover asbestos tile with carpet, it's not recommended. Encapsulating tile beneath carpet doesn't eliminate the health risks. Over time, the asbestos tiles could degrade, releasing fibers into the air and potentially contaminating the carpet. Disturbance during carpet installation or removal might also release fibers.

The first step in budgeting for carpet is to determine the amount of carpet you need and the type of carpet you want. You might be tempted to opt for the least expensive option if you have a limited budget, but a low-quality carpet won’t last as long as a high-quality one. When accounting for future carpet repair costs, it makes sense to buy the best-quality carpet you can afford.

It is not recommended to install or stretch a carpet without a power stretcher. Skipping essential tools like a power stretcher and a knee kicker will likely result in an improper installation, leaving you with wrinkles, creases, and an unappealing final look. While a knee kicker can provide some limited stretching for thinner carpets, it is not a proper substitute. Attempting to stretch a carpet by hand or with homemade tools can also shorten its lifespan. For the best results, you should buy or rent a stretcher. If you do not want to use a stretcher, it is better to hire a professional for the installation.