How Much Does It Cost to Furnish a House?

How Much Does It Cost to Furnish a House?

Isn’t that a loaded question? Ha! The answer could be free to tons of money. You could pick someone else’s junk off of the side of a street or you could go into some major debt trying to buy everything for your house through the catalogs.

The other variable is size. If you have a smaller space, like an apartment, it will cost less than that McMansion.

One rule of thumb I have heard is count on about 25% of your home’s value.

So if you bought your home for about $250,000 your furnishing budget would be $62, 500. Now, that seems a bit on the high side for me. A house that is $250,000 is going to be about 3 bedroom, 2 bath home. I would say you could furnish it for about half of that, if you don’t go crazy. If you want to get a little more custom, I could see spending the $62, 500.

Here are some of my guides for the rooms of the house.

Living Room

Mid Range $6,500

Higher Range $12,500

Dining Room

Mid Range $6,100

Higher Range $13, 300

Family Room

Mid Range $8,200

Higher Range $16,000

Bedroom

Mid Range $6,000

Higher Range $12,400

Master Bedroom

Mid Range $7,200

Higher Range $15,000

Home Office

Mid Range $3,700

Higher Range $7,800

I know there will be some people who balk at some of these numbers and some who will think they are too low. It all depends where you are in the country, what your taste is and how you go about furnishing you home. Just remember, you get what you pay for most often than not.