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Each of the three types of wool insulation has particular disadvantages. While their R-value is higher, they all cost more than fiberglass versions. Installing mineral wool and sheep wool requires protective gear. Because of its vulnerability to insects, chemicals are used in its production. Hemp wool is more costly to install than other types because additional tools and labor are involved.

On average, insulating an attic costs about $2,500, with a typical range of $1,500 to $3,500. The final price often depends on the attic's size, with costs generally falling between $1 to $3 per square foot. For example, insulating a 1,800-square-foot attic would likely cost between $1,800 and $5,400.

If the project involves removing old insulation, this can add an average of $900 to the total cost, bringing a full removal and reinsulation project to around $3,000.

Several factors influence the overall cost:

• Insulation Type: Prices per square foot vary significantly by material.

• Reflective: $0.50–$1.50

• Blown-in: $1–$4

• Batt: $2–$4

• Loose-fill: $2–$5

• Spray foam: $2–$5

• Structural insulated panels (SIPs): $4–$7

• Project Complexity: Factors like sealing air leaks, poor attic accessibility, and required inspections can add to the cost.

• Removal Issues: The discovery of mold, asbestos, or pests during the removal of old insulation can substantially increase the price.

Installing sheets of plywood over attic insulation is a popular choice, especially in storage spaces. That said, insulation works by trapping hot air—so it needs extra space to expand and be effective, or you might reduce the energy efficiency of your home. 

It’s important that you never compress the insulation by installing flooring directly on top of it. In many houses, you’ll need to install a subfloor before putting plywood over insulation in your attic.

Upgrading insulation offers several benefits, including improved energy efficiency, which leads to lower heating and cooling costs. It also enhances indoor comfort by regulating temperature and can provide noise reduction. Additionally, better insulation has a reduced environmental impact and can increase your home's value and overall livability.