What You Need to Know About Insulation Cost
According to the U.S. Department of Energy, good insulation can reduce your energy bills by up to 20% and make your home more comfortable year round. That said, it’s not always easy to calculate insulation cost accurately. There are several factors that will affect the final figure, from the type of insulation you choose to the size of your home. Read on for a breakdown of home insulation cost estimates and what you need to know before investing in new insulation for your home or business.
Types of Insulation and Their Costs
The two main types of insulation are loose fill/blown-in and batt/blanket. Loose fill/blown-in is best used in walls with irregular shapes or hard-to-reach areas. Batt/blanket is typically used in attics and floors where space isn’t an issue. Each type also has several material options with varying prices per square foot some common materials include fiberglass, cellulose, spray foam, mineral wool and recycled denim. Generally speaking, fiberglass is one of the most affordable options while spray foam is one of the most expensive ones.
R-value measures the efficiency of the insulation material higher R-values mean better performance but also higher costs. Depending on where you live, you may need a certain R-value for your home or business. The good news is that there are many different products on the market with various R-values so you should have no problem finding something that fits within your budget without sacrificing quality or performance too much.