Let’s talk numbers. Hardwood and stone can be expensive to purchase and even more costly to install. Carpet is generally more affordable upfront, but it may require more frequent replacement over time. Tile sits somewhere in between, but labor costs can be high due to the effort involved. Luxury vinyl offers significant savings in both material and installation costs. Many options come with click-and-lock systems that are easier to install, which can reduce labor expenses or even make DIY installation feasible. In terms of long-term value, vinyl is often more cost-effective than traditional options, especially when factoring in durability and maintenance savings.