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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.

Hanging wallpaper may seem simple, but in practice it requires significant planning and finesse to make it look professional. To start, you need to get an even application of wallpaper paste across all of your wallpaper, which requires experience and large pasting tables to get right. You also need to plan out your design and match it exactly so that you don’t have imperfections in the finished product. It’s often better to hire a professional wallpaper hanger who can get the job done properly for a clean, smooth finish.

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.

One of the biggest downsides to peel-and-stick wallpaper is that it doesn't last as long as traditional wallpaper. Its lifespan depends on several factors, including the quality of the paper, proper wall preparation and application, and the room's conditions. As a general rule, peel-and-stick wallpaper can last for at least five years, but this can vary significantly. Budget products may only last about 3 years, while higher-quality products can stay up for 7 years or more in ideal conditions. Factors that can shorten its lifespan include high humidity (such as in a bathroom), dirty walls, and low-quality paper. If used on flooring, expect it to last only 1 to 3 years unless sealed. However, the shorter lifespan can be seen as a positive, making it a great choice for people who enjoy switching up their interiors more frequently.