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You’ll get better results if you soundproof the whole wall. A hole through which light can pass can also let sound waves in. Acoustical or silicone sealant applied to holes and cracks can block enough sound to make a difference. However, the more layers absorb vibrations and slow or stop sound waves, the less noise you’ll have. 

Whether a drywall anchor can be reused depends on its material, type, and the method of removal. Plastic anchors, including expansion and self-drilling types, are generally designed for single use as they tend to break or deform upon removal. Metal anchors, such as toggle bolts, are more durable and may be reusable if they are not damaged during extraction. However, with toggle bolts, the toggle piece can fall into the wall cavity when the bolt is removed, making it difficult to retrieve. If an anchor is damaged during removal, for instance by having its head cut off, it cannot be reused regardless of the material.

On average, drywall installation costs around $2,000, with a typical range of $400 to $6,000, including materials and labor. The final price depends on several factors. The most significant is the size of the area, as many contractors charge per square foot. Other cost factors include the complexity of the job (e.g., cutting around multiple windows and doors, corners, or curved walls), accessibility, location, the thickness of the drywall, the height of the room, and the desired level of finish. The level of finish can range from simply hanging the drywall to taping and mudding the seams and painting the walls.

For maximum stability, install grab bars on wall studs, as this will adequately support the weight. However, if you don't have access to studs, you can get by with wall anchors. If opting for the latter, choose specialty hollow wall anchors.