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Flooring costs $3,162 on average, but can range between $1,530 and $4,860, depending on the flooring type and room size. New flooring costs an average of $3 to $22 per square foot, including installation. Vinyl plank flooring and carpet fall on the lower end, while stone, tile, and hardwood are among the most expensive flooring materials.

Vinyl floors last between 10 and 25 years on average when you care for them and protect them against water damage, though higher-quality vinyl can last longer.

If your vinyl flooring has heavy wear and tear or if it's peeling, it's a good time to do a reinstallation. Other signs your flooring is nearing the end of its lifespan include bubbling, heat-damaged planks or tiles, and discoloration.

Technically, you can install carpet without padding. While skipping the padding can help you save on the project, it will make the carpet less comfortable and show uneven spots or imperfections in the subfloor. Because carpet padding protects the back of the carpet from wear, a carpet without padding can wear out faster than one with it. Carpet padding also cuts down on noise, so forgoing it can affect the acoustics in the room.

When choosing whether to install carpet in your home, consider the pros and cons of this change:

Pros

• More affordable than laminate flooring

• Gives the room a warmer feel

• Softer on feet

• Wide variety of textures and colors

• Hides dirt easily

• Faster and easier to install

Cons

• Shows wear and tear more quickly than laminate flooring

• Shows stains

• Soaks up liquids

• May not work well in some areas, such as a bathroom

• Less durable than laminate flooring

• Susceptible to water damage, mold, and mildew