It goes without saying that cost is an important consideration for any construction or remodeling job. Contractors and their clients both have budget constraints to worry about, and the contractor must strive to keep job costs as reasonable as possible.
So at first glance, the cost of foam insulation may be cause for hesitation. When compared to some other insulation alternatives, foam tends to be costlier. However, this is one instance where you shouldn’t focus solely on the initial price tag.
While foam may cost a bit more than some other options, it provides a higher R-value than many of the other insulation products. This translates to considerable savings in the form of lower heating and cooling costs. Over time, these energy savings can really add up. Not to mention, the foam provides protection from moisture and elements—which can result in savings by preventing weather and water-related damage.
So when comparing costs of various insulation products, it’s important to consider not just the upfront cost but also the potential for long-term savings. From that perspective, foam insulation can often come out to look like quite a bargain.