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In the vast majority of cases, chain-link fences are less expensive than wood fences. Installing a wood fence costs anywhere from 20% to 30% more than a chain-link fence, or an average of $3,100, whereas a similarly sized chain-link fence will average around $2,400. Even with add-ons and additional protective finishes, a chain-link fence is very likely to cost you less than a wood fence. The only exception would be a split rail wood fence, which can cost about half the price of a chain-link fence or less.

Since wood is weaker when installed horizontally versus vertically, a horizontal fence is prone to sagging. You can prevent this drooping from happening by building a sturdier fence. Use softwoods that are more stable, such as cedar and redwood, or denser hardwoods for your fence materials. If you can’t afford these pricey materials, use thicker two-by-six pressure-treated pine boards or shorten the span the fence boards have to cover by installing more posts.

The ideal spacing for four-by-four residential fence posts is usually about 6 to 8 feet between posts. However, if the fence is particularly high or you live in a very windy region, you might want to space them closer together for better stability. A fence pro can help you decide on your post spacing. 

The average cost to install a fence is between $1,800 and $4,500. However, the price can vary significantly based on several factors. For a small DIY project, costs could be as low as $450, while fencing a large property like a 5-acre yard can exceed $43,000. Key factors that influence the total cost include the fence's size and height, the material used, the complexity of the design, site preparation needs, and any additional features like gates. The cost of raw materials, manufacturing, and custom fabrication can also impact the final price.