How Much Does It Cost To Furnish A House In 2024?

Furnishing a house involves various costs, but understanding the expenses can make the process manageable; according to HOW.EDU.VN, the cost can range from $5,000 to $100,000, depending on the size, style, and quality of the furnishings, making it a significant investment. This article will delve into the cost factors to help you create a well-furnished living space, focusing on interior design choices, furniture selection, and home decoration within your financial comfort zone, allowing you to create a functional, stylish, and comfortable home.

1. Typical Costs To Furnish A House

Furnishing a house involves several major expenses that homeowners and investors should consider. These costs vary based on the scale and style of the furnishing project.

Interior Design: Engaging a professional interior designer or utilizing online tools can help formulate a comprehensive concept that ensures all rooms and spaces match well. Online interior design subscriptions can start at a few hundred dollars, while hiring a professional can cost upwards of $10,000.
Furniture Items: This represents the most significant portion of furnishing costs. Prices can start as low as $5,000 for second-hand items for a small property and exceed $100,000 for luxury furniture in a large house with both indoor and outdoor amenities.
Decor Items: The cost of decor can range from minimal to significant. Budget-conscious owners might spend very little, whereas luxury properties can accumulate decor costs of over $20,000.
Delivery: Delivery fees can apply if you purchase second-hand furniture or buy from different stores. However, many retailers offer free delivery for furniture purchases over $1,000.
Assembly, Installation, and Setup: If you don’t have the skills, hiring someone to assemble, install, and set up furniture and decor can cost a few hundred dollars. Some brands include assembly and installation in the price of the furniture.
Removing Old Furniture: If you’re refurbishing, the cost of removing old furniture can add up to $1,000 for the entire house.

2. How Much Does It Cost To Furnish An Average House?

In 2024, furnishing an average house in the US can range from $5,000 to $100,000+, with a typical cost of $10,000 to $30,000 for good quality furniture. Some homeowners furnish their properties for as little as $3,000 to $4,000 by purchasing only essential furniture pieces from cheap brands or refurbished sources and doing much of the work themselves. Others may spend over $100,000 to furnish large mansions with multiple rooms, bathrooms, and amenities, such as home movie theaters or gyms.

3. Factors Affecting The Cost Of Furnishing A House

Several factors influence the total cost of furnishing a residential property.

Type of Property: Furnishing a studio or apartment is generally cheaper than furnishing a single-family home or townhouse because studios and apartments are smaller.
Size of Property: Square footage significantly impacts the cost. On average, furnishing each square foot costs about $10 to $15.
Number of Bedrooms: The number of bedrooms directly correlates with furnishing costs. Each bedroom requires its own set of furniture and decor.
Number of Bathrooms: More bathrooms increase the overall cost to furnish the home.
Number and Type of Other Rooms: Additional rooms, such as dining rooms, guest rooms, home offices, and laundry rooms, add to the total cost.
Amenities: Amenities such as swimming pools, hot tubs, and home gyms significantly increase furnishing costs.
Decor: The extent of decorations, from essential to luxury, affects the overall price.
Intended Property Use: The furnishing requirements for a primary home differ from those for a short-term rental or a furnished rental property.
Tier:
- Basic Tier: Covers only essential and affordable furniture.
- Standard Tier: Includes additional items like solid wood frames and decor.
- Luxury Tier: Features top-quality furniture and a full range of accessories.
Furniture Quality: The quality and brand of furniture significantly impact the total cost.
Use of Professional Services: Hiring an interior designer incurs additional costs but can provide access to industry discounts.
Budget: The available budget plays a significant role in determining how much to spend on furnishing the property.

4. How Much It Costs To Furnish A House: By Room Type

The total cost to furnish a house is the sum of the costs to furnish each individual room. Here’s a detailed breakdown of the price range for each room type across basic, standard, and luxury tiers.

4.1. Average Cost To Furnish A Master Bedroom

The average cost to furnish a master bedroom ranges from $1,500 to $20,000, with a typical cost of $3,000 to $6,000. The exact cost depends on the bedroom size, the number and type of furniture items, the tier, and the selected decor. Essential furniture items include:

Queen or king bed frame
Mattress
Two nightstands
Closet
Dresser
Ceiling light fixtures
Curtains, shades, or blinds

Additional items can include:

Night lights
Mirror
Rug or runner
Fan
TV
Storage units
Bookshelves
Decorations

4.2. Average Cost To Furnish A Guest Bedroom/Kids Bedroom

The average cost to furnish a guest bedroom or a kids’ bedroom ranges from $1,000 to $15,000, with a typical cost of $2,500 to $5,000. The specific price depends on its purpose (guest or kids’ bedroom), size, furniture needs, style, and furniture quality. Key items include:

Twin or full bed frames
Mattresses
Nightstands
Closet
Desk (in a kids’ bedroom)
Desk chair (in a kids’ bedroom)
Ceiling light fixtures
Curtains, shades, or blinds

Additional items often include:

Dresser
Night lights
Desk light
Rug or runner
Toy boxes (in a kids’ bedroom)
Bookshelves
Decorations

4.3. Average Cost To Furnish A Bathroom

The average cost to furnish a bathroom ranges from $100 to $4,000, with a typical cost of $200 to $800. This cost assumes that essential items such as a bathtub, shower cabin, sink, toilet unit, shower head, faucet, and bathroom vanity are already installed. If not, these items can add between $1,000 and $5,000 or more to the cost. The price depends on size, style, design, item quality, and decor. Essential items include:

Shower curtain
Shower liner
Shower shelves
Toilet paper holder
Bath mat
Waste basket
Shampoo and soap dispensers
Toilet brush
Bathroom accessories (toothbrush holders, etc.)

Additional items can include:

Makeup mirror
Hairdryer
Iron
Ironing board

4.4. Average Cost To Furnish A Kitchen

The average cost to furnish a kitchen ranges from $1,000 to $30,000, with a typical cost of $2,000 to $10,000. The presence of kitchen cabinets and a kitchen island significantly impacts the cost, ranging from $1,000 for refurbished cabinets to over $20,000 for gourmet kitchens. The cost also depends on the size and space, materials used, appliances, and the level of decor.

Key items include:

Kitchen cabinets and/or kitchen island
Sink
Faucet
Dining table (for houses without a dining room)
Dining chairs (for houses without a dining room)
Fridge with freezer
Hot plates
Oven
Dishwasher
Laundry machine and dryer (for houses without a laundry room)
Toaster
Water kettle
Garbage bin
Waste basket
Ceiling light fixtures
Curtains, shades, or blinds

Additional items often include:

Shelves
Hood
Microwave
Coffee machine
Water cooler
Blender
Mixer
Air fryer
Rug or runner
Decorations

4.5. Average Cost To Furnish A Living Room

The average cost to furnish a living room ranges from $1,500 to $25,000, with a typical cost of $3,000 to $7,000. This wide range reflects the variability in size, furniture, and style. Essential furniture includes:

Sofa, couch, or futon
Coffee table
TV
TV console
Ceiling light fixtures
Curtains, shades, or blinds

Additional items include:

Armchairs or wing chairs
Side tables
Bookshelves
Rugs or carpets
Throw blankets and pillows
Table linen
Standing lamp
Table lamps
Fan
Clock
Fireplace
Paintings or wall art
Vases, plants, and decorations

4.6. Average Cost To Furnish A Dining Room

The average cost to furnish a dining room ranges from $1,000 to $18,000, with a typical cost of $2,500 to $5,500. The cost depends on the size, the style and quality of the furniture, and decorative items. Major furniture items include:

Dining table
4-8 side chairs
China cabinet or buffet
Ceiling light fixtures
Curtains, shades, or blinds

Additional items to consider:

Sideboard or console table
Bar cart
Shelves
Rug or runner
Paintings or wall art
Decorations

4.7. Average Cost To Furnish A Home Office

The average cost to furnish a home office ranges from $500 to $12,000, with a typical cost of $1,000 to $2,500. The final price depends on the size of the office, the level of furnishing, and the materials and brands used. Essential items include:

Desk
Office chair
Power strips
Ceiling light fixtures
Desk lights
Curtains, shades, or blinds

Additional items to consider:

Bookshelves
Bookcase
Filing cabinet
Laptop stand
Laptop or desktop
Keyboard
Computer mouse
Printer and scanner
Rug or runner
Paintings or wall art
Decorations

4.8. Average Cost To Furnish An Outdoor Space

The average cost to furnish an outdoor space ranges from $500 to $25,000, with a typical cost of $1,500 to $5,000. This wide range reflects the variability based on the property type, the size of the area, the purpose, and the budget. The list of items can include:

Outdoor sitting furniture
Outdoor dining furniture
Patio furniture set
Pool lounge chairs
Pool umbrella
Outdoor kitchen furniture
Grill or barbeque
Swimming pool
Hot tub
Mini golf
Kids playground
Garbage bins
Watering cans
Landscaping

5. How Much It Costs To Furnish A House: By Number Of Bedrooms

The number of bedrooms is a key factor determining the cost of furnishing a house. Here are the standard costs by bedroom count:

Studio: $5,000-$12,000
1 Bedroom: $6,000-$17,000
2 Bedrooms: $11,000-$22,000
3 Bedrooms: $16,000-$27,000
4 Bedrooms: $31,000-$32,000
5+ Bedrooms: $36,000-$100,000+

The actual price can vary based on owner preferences, property style, market trends, and budget.

6. How Much It Costs To Furnish A House: By Size

The size of a property significantly impacts the cost of furnishing. On average, every square foot costs about $10 to $15 to furnish.

Small Studio (500 sq ft): $5,000-$7,500
Average House (2,500 sq ft): $25,000-$37,500
Large Property (3,500+ sq ft): $35,000-$42,000+

These averages should be considered when buying a home or an investment property.

7. How Much Does It Cost To Furnish An Airbnb Property?

The average cost to furnish an Airbnb rental property is $3,500-$40,000. While less than furnishing a primary home, it’s important to provide everything needed for a comfortable stay to attract bookings and positive reviews.

Key factors influencing the cost include:

Comfort
Ease of cleaning and maintenance
Durability
Appearance
Timeless design

7.1. Airbnb Bedroom Supplies

Essential supplies for each bedroom include:

Two or more sets of linens per bed
Two or more pillows per guest
Duvets
Light blankets
Mattress protector
Pillow protectors
Duvet covers
Throw cushions
Paper tissues
Clothes hangers
Books

7.2. Airbnb Bathroom Supplies

Each bathroom should provide:

Two or more sets of towels per guest
Bathrobes (optional)
Hand towels
Floor towels (optional)
Shampoo and conditioner
Shower gel
Hand soap
Body lotion (optional)
Toothbrushes and toothpaste (for additional comfort)
Toilet paper
Tissues
Ear picks
Makeup cotton pads
Baby toiletries (if targeting young families)

7.3. Airbnb Kitchen Supplies

The kitchen requires numerous supplies, including:

Cookware (pots, frying pans, baking sheets)
Skillet or saucepan
Colander
Mixing bowls
Measuring bowls or spoons (optional)
Cutting board
Cooking utensils
Knives
Can opener
Bottle opener
Cutlery
Kitchen scales (optional)
Plates and dishes
Coffee mugs
Glasses
Hand towels
Sponges
Dishwashing detergent
Dishwasher detergent
Hand soap
Laundry detergent and softener
Floor detergent
All-purpose cleaner
Floor mop
Paper towels
Tissues
Garbage bags
Toothpicks
Aluminum foil
Cling foil
Butter paper
Drinking water (if tap water is not good)
Coffee and tea
Oil and vinegar
Salt and pepper
Local spices and condiments (optional)

7.4. Airbnb Living Room Supplies

Living room supplies include:

Paper tissues
Board games
Books and magazines

7.5. Airbnb Dining Room Supplies

A well-furnished dining room should offer:

Dining set
Extra bowls and serving plates
Cutlery
Steak knives
Cups and mugs
Glasses
Wine glasses
Tablecloths and linen
Tissues

7.6. Airbnb Outdoor Space Supplies

Outdoor spaces may require:

Pool towels
Sunscreen
Plastic table cloth
Paper cups and plates
Plastic utensils
Barbeque set
Barbeque charcoal
Garbage bags

7.7. Airbnb Smart Home Supplies

Essential smart home devices include:

Smart lock
Smart thermostat
Smart lighting
Smart WiFi router
Smart TV
Streaming services

7.8. Additional Airbnb Supplies

Other essential supplies include:

Extra light bulbs
Extra batteries of different sizes

7.9. How To Furnish An Airbnb Rental

Hiring a professional company specializing in vacation rentals is the best way to furnish an Airbnb. Summer provides top-quality vacation rental interior design and furnishing services across the US. They offer three packages:

Host Essentials Design: Interior design and furniture selection assistance with owner procurement.
Guest Favorite Design: Full-service, including procurement and installation.
Luxury Launch Design: Upgraded furniture selection and complete onboarding.

Furnishing an Airbnb with Summer starts at $10,000 and depends on the home’s size, location, level of furnishing, design, and owner input. Their comprehensive visions, timeless designs, and attention to detail ensure properties outperform at least 95% of comps in the area.

8. How Much Does It Cost To Furnish A Furnished Rental?

The average cost of furnishing a furnished rental is $4,000-$50,000. Long-term rentals often benefit from higher quality furnishings because tenants generally take better care of the properties. Furnished rentals tend to attract traveling professionals and remote workers with higher expectations. Furnishing a rental property generally costs less than furnishing a primary home, unless you specialize in luxury rentals.

9. How Much Does It Cost To Stage A House?

The average cost to stage a house is $1,500-$4,000 for the first month, including:

Initial home consultation
Furniture delivery and setup
One month of furniture rental

Each additional month of staging costs about $1,000.

10. Call To Action

Navigating the costs of furnishing a home can be challenging, but you don’t have to do it alone. At HOW.EDU.VN, we understand the importance of creating a comfortable, stylish, and functional living space without breaking the bank. Our team of over 100 renowned PhDs and experts is dedicated to providing personalized advice and solutions to help you make informed decisions.

Whether you’re furnishing a new home, staging a property for sale, or optimizing your rental for maximum appeal, our experts can guide you through every step of the process. We offer tailored strategies that align with your budget, preferences, and specific needs, ensuring you achieve the best possible outcome.

Why Choose HOW.EDU.VN?

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Personalized Advice: Receive customized strategies tailored to your specific needs.
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Practical Solutions: Gain advice and solutions applicable in reality that you can apply immediately.

Don’t let the stress of furnishing overwhelm you. Let HOW.EDU.VN connect you with the expertise you need to create the home of your dreams.

Contact us today to schedule a consultation and discover how we can help you achieve your furnishing goals.

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11. FAQ: Frequently Asked Questions About Home Furnishing Costs

1. What is the average cost to furnish a small apartment versus a large house?

The cost to furnish a small apartment typically ranges from $5,000 to $12,000, while a large house can cost anywhere from $36,000 to $100,000 or more.

2. How can I reduce the cost of furnishing my home without sacrificing style?

Consider purchasing second-hand furniture, shopping at discount stores, DIY projects, and focusing on essential items first.

3. Is it cheaper to buy furniture in sets or individual pieces?

Buying furniture in sets can sometimes be cheaper, but it’s essential to compare prices and ensure the set includes items you need. Individual pieces may allow for more customization and can be sourced from various affordable options.

4. What are the essential items I need to furnish a living room on a budget?

Essentials include a sofa or futon, a coffee table, a TV console, and basic lighting. Adding throw pillows and blankets can enhance comfort without significant expense.

5. How much should I budget for decorating my home after furnishing it?

Budget 10-20% of your total furnishing costs for decor items like wall art, plants, and accessories.

6. What are the best times of the year to buy furniture at discounted prices?

Look for sales during holidays like Memorial Day, Labor Day, Black Friday, and during furniture retailers’ clearance events, typically held in January and July.

7. Should I hire an interior designer, or can I furnish my home myself?

If you have a clear vision and are comfortable with planning and coordinating, you can furnish your home yourself. However, an interior designer can provide expertise, access to discounts, and ensure a cohesive design.

8. What are the most cost-effective flooring options for a newly furnished home?

Affordable options include laminate, vinyl, and carpet. These offer good value and can significantly impact the look of a room.

9. How can I furnish a rental property to attract tenants without overspending?

Focus on durable, easy-to-clean furniture and essential items that provide comfort and functionality. Avoid luxury items that may not be appreciated by tenants.

10. What are the key considerations when choosing furniture for a small space?

Opt for multi-functional furniture, such as sofa beds or storage ottomans, and choose lighter colors to create a sense of spaciousness. Measure your space carefully to ensure furniture fits well without overcrowding the area.