Whether you are looking for an area rug to tie a room together, insulate the floor, or provide a spot to wipe your shoes, you will find that the price of rugs can vary quite greatly. This range in rug prices can be determined by a number of factors – all of which you should take into consideration before making your purchase. Read on to learn what influences those costs.

What Factors Determine Rug Price?

Before you can determine the average price of rugs, you should learn about what factors influence their cost. These include the materials, size, and even weaving techniques used to create the rug. Once you have an understanding of these considerations, you can move onto gauging how much the average rug price is.

Materials: Rugs can be made from two different types of materials – natural and synthetic. Human-made or manufactured materials such as nylon and polyester are often more affordable as they are easy to produce in bulk at a lower cost. Natural fibers, however, can fall on both sides of the spectrum. This is because wool and silk rugs are usually more costly, where other natural fibers such as jute and bamboo are readily renewable and therefore cost-effective resources. To learn more about natural fibers, read What Are Natural Fiber Rugs & Which Do I Pick?

Size: It is no surprise that the smaller the size, the lower the rug price will be, and in turn, the larger the rug, the more expensive it will become. You will find that rugs come in a range of sizes starting from 2' x 3' and going all the way to 12' x 15', in varying shapes too. When you are selecting a rug for your home, it is important that you opt for a size that is suitable for the space to keep it from looking disproportionate. To learn about sizing, read How to Choose a Rug Size.

Construction: There are several techniques used to construct a rug – the more work and time required to make it, the higher the rug price.

• Machine-made knotted rugs are the most affordable of the lot as they are entirely produced by machine.
• Machine-made tufted rugs fall into the mid-range as they do require some work by hand.
• Hand-knotted rugs are the most costly as they are laborious and time-consuming to make by hand.

Quality: More often than not, the better quality a product is, the higher the cost. Rug price works the same, as good craftsmanship will result in a steeper price tag. That being said, it is not necessary to only use costly rugs throughout your home. You need to consider where yours will be going and choose accordingly – for example, a more affordable and durable rug would work better at an entryway, while a high-end plush rug is better suited to a low-traffic bedroom.

The Price of Rugs

Once you have considered the various factors that influence the price of rugs, you can begin to look in the different price ranges to narrow down your choices and find the right one for you.

Under $75: Cheap rugs are usually small and made from the most cost-effective materials. Rugs under $75 are commonly manufactured from synthetic materials and have very simple and basic designs. They are machine-made and best used as accent rugs in entryways or in kitchens. Thanks to their affordability, these rugs are easy to replace in the future if needed.

$75–$125: As the price of rugs begins to increase, they begin to have more durable and hard-wearing properties. These rugs are usually machine-made from synthetic materials that make them ideal for casual spaces such as the living room. It is uncommon to find a hand-knotted rug under $100.

$125–$175: Moving up in price, the rugs start to grow to more medium sizes. These floor coverings can come in a variety of materials, are often heavier in weight, and have more ornate designs than their predecessors. Outdoor rugs can also often be found in this price range.

$175–$250: Heading toward the $200 rug price mark, you will find the patterns becoming more complex and a larger mix of both machine- and human-made rug options here. They work well in low-traffic areas such as bedrooms – either next to or beneath the bed. Many novelty rugs also fall into the range as well.

$250–$400: As the rugs increase in size, they also become more well-made. These rugs come in a range of stylish and artistic patterns that can be used in a low-traffic space like a formal living room. Depending on their size, many hallway runners can also come up to the $400 mark.

$400 & Above: Once you are over the $400 mark, the sky's the limit. The reason for these prices is due to the amount of time and cost of material used to make these high-end pieces. These types of rugs are more ornamental and should be placed in low-traffic spaces or even hung on walls in order to admire the artistry that went into their creation.

In the end, the rug price is just one of many important factors you need to consider before choosing the perfect one for your home. This guide should help you make a more well-informed decision to furnish your home in the best way possible.