How Much Is Luxury Vinyl Flooring?

How Much Is Luxury Vinyl Flooring

Luxury vinyl flooring has become an affordable alternative to traditional hardwood and tile flooring. With its remarkable ability to mimic the appearance of natural materials like wood and stone, this flooring option is a stylish and durable solution for interior spaces. But how much is luxury vinyl flooring?

In this comprehensive article, we dive into the price of luxury vinyl flooring. We’ll also explore the long-term cost-effectiveness of this flooring option.

By understanding the cost dynamics, you can make informed decisions. You can determine whether luxury vinyl flooring aligns with your design aspirations and financial considerations. Let’s discover!

How Much Is Luxury Vinyl Flooring
Source: shutterstock.com / Photo Contributor: Kinek00

How Much Is Luxury Vinyl Flooring?

The cost of luxury vinyl flooring varies based on factors such as quality, brand, and where you purchase it. On average, prices can range from $2 to $7 per square foot. Higher-quality options may be pricier but offer better durability and aesthetics.

It’s essential to shop around and consider different options to find the best value for your budget. We must also point out that factors like installation costs and any necessary accessories should be factored into the overall expense of the flooring project.

Material cost

Material costs for luxury vinyl flooring range from $2 to $7 per square foot, influenced by several key factors. Plank sizes are pricier than tile sizes, with common planks costing $3 to $7 per square foot versus $2 to $5 for tiles.

Thickness directly impacts pricing and durability. Thicker 12 mil+ options are the most expensive yet most durable, while 6-8 mil vinyl is cheaper but less long-lasting.

Furthermore, premium brands with advanced core layers can significantly raise costs. The installation method also makes a difference, with glue-down installations requiring adhesive beyond the core material price.

Other cost variables include the total square footage needed, whether patterns require multiple cartons, and any volume discounts from buying in bulk. Moreover, factors like size, thickness, brand tier, installation type, and quantity determine the final luxury vinyl material price per project.

Labor cost

Labor costs represent a significant expense when it comes to luxury vinyl flooring. On average, it ranges from $1 to $3 per square foot or $30 to $100 per hour. These costs vary depending on the installer’s rates, the job’s complexity, and the necessary surface preparation.

The cost is typically lower for simpler layouts on well-prepared subfloors, averaging between $1 and $2 per square foot. However, for rooms with intricate features like angles, obstacles, or detailed patterns, the cost can exceed $3 per square foot due to the additional time required for labor.

Additionally, expenses increase when removing old flooring or repairing any damages before installation. Hiring an experienced flooring contractor is essential to ensure proper techniques such as acclimation, staggered layouts, and precise trimming for high-quality outcomes.

Although skilled professionals may charge higher rates, their expertise helps prevent common issues like peaking, gaps, or buckling in the flooring. Plus, professional installation is often necessary to maintain manufacturer warranties and maximize the floor’s longevity despite the initial investment in labor costs.

Labor cost
Source: shutterstock.com / Photo Contributor: alexkich

Factors Affecting LVP Flooring Cost

Quality and thickness considerations

One major factor that affects the cost of luxury vinyl planks (LVP) is the quality level and thickness. When it comes to higher-end LVP, they use premium core layers and thicker construction for better durability and realism. 

Consequently, these premium options come with a higher price tag than basic vinyl planks. They are thinner and intended for lighter residential use.

The thickness of the wear layer also plays a significant role, ranging from 6 mil to a robust 20 mil. Thicker wear layers offer better resistance against dents and scratches but also significantly increase the cost. 

Similarly, the overall plank thickness, which can range from 2 mm to 8 mm, affects pricing. The 8 mm is the most durable and expensive option.

Moreover, the design and style choices for LVP flooring also influence costs. Standard options often include popular wood looks like oak or hickory and stone visuals like travertine. However, specialty features such as hand-scraped textures, beveled edges, custom colors, and unique patterns can raise prices further.

Embossing finish and brand reputation

The type of embossing finish you choose matters. Standard embossed surfaces are cheaper. However, if you opt for precisely registered embossing that matches HD printed patterns, you get an ultra-realistic and premium look, though it costs more.

Your brand reputation and the pricing strategy of the manufacturer are also important. Entry-level brands are the most affordable. If you upgrade to respected mid-range brands, you get better durability and visuals for a higher price.

Top luxury vinyl brands offer the highest level of realism and quality but come with a hefty price tag. Pricing can also vary depending on your region’s local market conditions. 

Well-known brands invest more in technology and specialized layering. So, you’re paying extra for their reputation, which is backed by warrantied performance.

Additional Cost Considerations

When planning your luxury vinyl plank flooring budget, remember to include more than just the core materials and labor expenses. You’ll also need to consider other costs, such as underlayment

Basic underlayment typically costs between $0.25 and $0.75 per square foot. If you opt for moisture barrier or premium sound-reducing options, expect to pay around $1 per square foot or more.

In cases where the subfloor is damaged, repairs like leveling may be necessary before installation, costing approximately $0.50 to $1.50 per square foot. Concrete slabs often require a separate moisture barrier, adding another $0.25 to $0.75 per square foot to your expenses.

Additionally, don’t forget about transition and trim pieces, which contribute to a polished, professional look and increase the overall cost. For instance, basic vinyl or metal transition strips range from $5 to $20 each.

Cost considerations for installation accessories and supplies

Premium beveled wood or waterproof options cost more. Vinyl wall trim usually ranges from $1 to $3 per linear foot, while wood trim styles can go up to $10 per foot. Matching trims precisely to your luxury vinyl may increase expenses compared to stock trim options.

You’ll also have to consider additional expenses for installation accessories and supplies. Adhesives for glue-down installs range from $20 to $60 per bucket. Tape, underlayment staples, and basic tools like spacers and tapping blocks typically cost between $25 and $75 in total.

To protect the new floors, consider investing in felt furniture pads, which range from $0.50 to $2 each, and entry mats. Some people prefer full installation supply kits, which range from $75 for basic kits to over $200 for premium all-inclusive bundles.

Cost considerations for installation accessories and supplies

Conclusion

Luxury vinyl flooring offers an affordable yet elegant alternative to traditional hardwood and tile options. As demand rises, understanding the cost dynamics becomes crucial for homeowners. So, how much is luxury vinyl flooring per square foot?

Luxury vinyl flooring prices range from $2 to $7 per square foot, influenced by factors like quality, brand, and installation method. Additional expenses for labor, underlayment, transition pieces, and installation accessories should also be factored into the overall budget.

While higher-quality options may come with a higher price tag, they often offer better durability and aesthetics. By considering these factors and shopping around for the best value, you can make informed decisions that align with your design aspirations and financial considerations.

Mark is a seasoned home services contractor and serves as the Director of Market Research for Services Curated.