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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.

The lifespan of crawl space insulation depends on how well you maintain your insulation and the type of insulation. Fiberglass will need replacing every 15 to 20 years on average if you don't have a vapor barrier in place. If you do have vapor barriers in place, then your insulation could last much longer. Spray foam insulation can last anywhere from 80 to 100 years. 

Drywall insulation costs around $1,800, on average, but prices can range from $500 to $4,500, depending on a few different factors. The following things are important considerations to make when pricing out your insulation project:

• Square footage of insulation

• Type of insulation 

• Climate in your area and the insulation R-value required

• Whether or not your walls are already finished

• Accessibility of the area 

• Whether or not you need old insulation removed first

Mineral wool wraps are the most affordable and effective insulation for crawl space ducts. They are easy to cut, last for a long time, and healthier for humans. Meanwhile, fiberglass wraps are cheaper but more hazardous and difficult to handle. If you do choose to use a fiberglass wrap, make sure you are wearing long sleeves and wear proper protective gear.