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The average cost to build a pergola ranges from $2,200 to $6,400, whereas the average cost of an awning ranges from $1,400 to $4,400, meaning that an awning tends to be less expensive to build or install than a pergola. Ultimately, the less expensive option depends on a few factors, including size, quality of materials used, and location.

Awnings offer a variety of materials to choose from, each of which has its own benefits. Cotton is a lower-cost option that’s also more eco-friendly because it’s made from natural materials, while acrylic-coated polyester and vinyl offer better durability against harsh weather. Fiberglass and metal are also resilient to weather, although metal can be vulnerable to corrosion without protective sealant. Ultimately, you’ll need to consider your climate and your budget in deciding the best material for your awning.

If you're handy, it might be worth trying to install retractable awnings yourself. Just keep in mind that motorized retractable awnings require much more know-how, and the risk of something costly going wrong (such as damaging your new awnings) is higher.

Mechanical awnings should be easy to install for the average person with some handyman skills.

You can indeed open your awning in winter. It’s a misconception that you can only open retractable awnings in the warmer months. In fact, modern awnings are strong enough to offer a little respite from the snow if you’re someone who enjoys sipping hot cocoa outside on a beautiful winter day. But if a big storm is coming, such as a hurricane or a blizzard, it’s best to close your awning until the weather calms down.