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In the vast majority of cases, chain-link fences are less expensive than wood fences. Installing a wood fence costs anywhere from 20% to 30% more than a chain-link fence, or an average of $3,100, whereas a similarly sized chain-link fence will average around $2,400. Even with add-ons and additional protective finishes, a chain-link fence is very likely to cost you less than a wood fence. The only exception would be a split rail wood fence, which can cost about half the price of a chain-link fence or less.

A setback is an area of space between your fence and the property line, meaning you build a fence a few inches before your neighbor’s property begins. You can build your fence on a setback—some communities recommend this—but this means a sliver of your property will be on your neighbor’s side of your fence.

Aluminum is among the longest-lasting fencing materials, with a lifespan of 30 to 50 years or more. One of the reasons it lasts so long is because aluminum is highly resistant to rust and corrosion. You can help prolong its lifespan by keeping it free of vegetation and cleaning it every few months with a hose and mild soap.

Who pays for a new fence between neighbors depends on its location relative to the property line. If you build the fence entirely on your property, you are solely responsible for the costs of installation, maintenance, and repair. If the fence is built directly on the property line, both neighbors are typically responsible for the costs. In this case, it is essential to consult with your neighbor beforehand to agree on a plan for payment. While you should always inform your neighbor of your plans in advance, you generally cannot force them to contribute financially unless there are specific local laws, such as in California, where both parties might be responsible for costs unless a different agreement exists. It's a good idea to get a property line survey to know the exact boundaries before building.