To calculate the Hardwood Flooring Cost Per Square Foot:
\[ HFC = \frac{TFC}{TA} \]
Where:
The average hardwood flooring cost per square foot is between $10 and $20 per square foot. Between $5 and $12 of this is from material cost, and between $5 to $8 is from labor for the installation. The most significant factor in hardwood flooring costs is the type of wood you use. Exotic woods are more expensive than domestic ones, usually by at least $2 per square foot. The most expensive species can run as high as $10 per square foot for materials alone. Solid wood planks also cost more than engineered ones, which have a plywood base bonded with a veneer layer of natural wood on top.
Let's assume the following values:
Using the formula:
\[ HFC = \frac{5000}{400} = 12.50 \text{ dollars per square foot} \]
The Hardwood Flooring Cost Per Square Foot is approximately $12.50.
Let's assume the following values:
Using the formula:
\[ HFC = \frac{8000}{600} = 13.33 \text{ dollars per square foot} \]
The Hardwood Flooring Cost Per Square Foot is approximately $13.33.