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The first step in budgeting for carpet is to determine the amount of carpet you need and the type of carpet you want. You might be tempted to opt for the least expensive option if you have a limited budget, but a low-quality carpet won’t last as long as a high-quality one. When accounting for future carpet repair costs, it makes sense to buy the best-quality carpet you can afford.

In most cases, you do not need to put padding or underlayment under carpet tiles. Unlike traditional carpet, which requires a separate pad, carpet tiles are designed to be installed directly onto a firm subfloor like plywood, concrete, or tile. Many carpet tiles come with a built-in underlay and attach with peel-and-stick adhesive, double-sided carpet tape, or glue. For a more comfortable, cushioned feel, especially in residential settings, you can opt for padded carpet tiles that have a thicker underlay attached. While it's generally not recommended to install a separate pad, a compact underlayment might be used in some situations, though this typically requires professional installation. An acoustic underlay may also be considered in commercial spaces or multi-level homes where noise reduction is a priority.

Hardwood offers the highest ROI at around 75%. Engineered hardwood, tile, reclaimed wood, and laminate also increase a home’s value but with lower ROIs. Lighter tiles tend to increase a home’s value slightly more than darker tiles. Taking the ROI into account when you choose flooring can increase your home value and allow you to recoup some or all of the cost to install it.

Porcelain and ceramic tile are two of the longest-lasting kitchen flooring materials. However, while these materials can withstand a good amount of daily wear and tear, they’re likely to crack if you drop something heavy on them, and they’re pricier than many other options. On average, installing a ceramic tile kitchen floor costs between $1,240 and $11,250. Other durable kitchen flooring options include natural stone and concrete.