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The cost to install carpet is $1,780 on average for 330 square feet, the size of an average living room. This cost could range from $200 to $5,000, depending on the amount of carpet, material, and type of carpet. 

If you need 500 square feet of carpet, it’ll cost $1,500 to $5,500, while 1,000 square feet of carpet costs $3,000 to $11,000. Polyester is one of the more affordable options, ranging from $1 to $3 per square foot. Wool is a more luxurious option, ranging from $4 to $20 per square foot. 

Installing carpet on stairs involves a lot more cutting, tucking, tack strips, and time. The shape of your staircase, along with the material and construction of the carpet you’re installing, will also increase the cost. Carpet installation on stairs will cost $400 to $800 in total, but it can go as high as $2,500 for difficult staircases, such as wrap-around, upholstered, or spiral staircases.

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.

It's best to wait until the newly installed carpet has fully settled and dried before moving furniture back into the room. Your carpet installation professionals can provide guidance on the recommended wait time based on factors such as the type of carpet and adhesive used. Moving furniture back in too soon could damage the carpet or affect its adherence to the floor.