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Installing drywall will cost between $1.50 and $3 per square foot for materials, labor, and finishing, which is quite a bit lower than the average of $9 to $13 per square foot for a drop-tile ceiling. So, while drop ceilings allow more design flexibility, provide easy access to utility lines above them, and are often much easier and less expensive to repair, they do cost more upfront. You can minimize your drop ceiling cost by opting for more affordable fiberboard panels, although some homeowners don’t like the look of this material.

The time it takes for thinset to dry is determined by your room’s ambient temperature and humidity levels. Assuming the average humidity level is around 40% with an average temperature of 70 degrees Fahrenheit, thinset can dry within 48 hours. Lower temperatures and higher humidity can extend the curing process beyond 72 hours, while high heat and zero humidity can shorten the curing process. However, thinset can crack if it dries too fast.

Drywall installation is considerably faster and more affordable than plastering. Because plastering involves applying a wet material, it’s more time-consuming, takes longer to dry, and is more prone to cracking. It doesn’t tend to be as insulative either. If you need resurfacing work done on the walls, it's not unusual for the cost of plastering to hit $10 per square foot, which is much higher than the drywall installation costs of $1.50 to $3 per square foot.

If you’re looking for good soundproofing and want a high-end look in a historic home, though, plastering may be the better option.

The cost to install drywall is between $1.50 and $3 per square foot, while shiplap installation costs between $2 and $7 on average. In most applications, shiplap installations cost more than that of putting in drywall. However, several ways exist to reduce shiplap prices, especially for small locations or accent walls, which can keep the total cost of shiplap competitive with that of drywall.