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Laminate vs Luxury Vinyl Plank: Which Is Better?

Updated July 2026 · Pricing data from Floormath's flooring cost model

Laminate vs Luxury Vinyl Plank
1,000 sq ft installed: $3,219–$10,164 vs $3,994–$14,289

Short answer: For kitchens, baths, basements, or pet households, LVP's true waterproof core wins. For bedrooms and living areas on a budget, laminate's harder wear surface resists scratches better per dollar. Most whole-house buyers in 2026 choose LVP for the moisture insurance.

Side-by-side comparison

LaminateLuxury Vinyl Plank
Installed cost (1,000 sf)$3,219–$10,164$3,994–$14,289
Material price/sf$1.29–$6.99$1.79–$8.99
Typical install labor/sf$2.00$2.75
Lifespan15–25 years10–25 years
Water resistancewater-resistant; only rated products handle standing water100% waterproof (rigid core)
Refinishingcannot be refinishedcannot be refinished
Underfoot feelhard, hollow-ish without good underlaymentslightly soft/warm underfoot
Resale impactneutralneutral to mildly positive
DIY difficultyvery DIY-friendlyvery DIY-friendly (click-lock)

Cost difference at real project sizes

ProjectLaminate (typical)Luxury Vinyl Plank (typical)Difference
144 sq ft$841$1,345$504
500 sq ft$2,920$4,670$1,750
1,000 sq ft$5,839$9,339$3,500
2,000 sq ft$11,678$18,678$7,000

When Laminate is the right call

Water-resistant; only rated products handle standing water; hard, hollow-ish without good underlayment; very DIY-friendly. It makes the most sense where those traits carry the day — and its 15–25 years lifespan sets your replacement horizon.

When Luxury Vinyl Plank is the right call

100% waterproof (rigid core); slightly soft/warm underfoot; very DIY-friendly (click-lock). Resale-wise it's neutral to mildly positive, with a 10–25 years expected lifespan.

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Frequently asked questions

Which is cheaper, laminate or LVP?

For a 1,000 sq ft installed project, Laminate typically runs $5,839 vs $9,339 for Luxury Vinyl Plank at mid-tier — a difference of about $3,500. Budget and premium tiers widen or narrow that gap.

Which lasts longer?

Laminate: 15–25 years. Luxury Vinyl Plank: 10–25 years. Lifespan per dollar often matters more than sticker price — divide installed cost by expected years to compare honestly.

Which is better for resale?

Laminate: neutral. Luxury Vinyl Plank: neutral to mildly positive.