Plan Phase|Step 3 of 23
Set Your Budget
A living room makeover can cost $200 or $20,000. Knowing your number upfront prevents overspending and helps prioritize.
Time Required
15-30 minutes
Cost
$0
Difficulty
Very Easy
Living Room Budget Calculator
Budget Tiers
Minimal Refresh
$200-$500New pillows, throws, plants, and rearranging. Paint an accent wall. Swap bulbs.
Solid Update
$500-$1,500Add area rug, new curtains, statement lamps, gallery wall, coffee table styling.
Major Makeover
$1,500-$5,000Replace major furniture piece, new rug, window treatments, lighting fixtures, full styling.
Full Transformation
$5,000+New sofa, multiple furniture pieces, custom window treatments, complete restyle.
Where to Splurge vs. Save
Worth Spending On
- • Quality sofa (you use it daily)
- • Good area rug (anchors everything)
- • Proper lighting (changes everything)
- • One statement piece
Good Places to Save
- • Throw pillows (swap seasonally)
- • Side tables (thrift/DIY)
- • Art (prints, DIY, frames)
- • Plants (propagate, nursery pots)
Pro Tips
- •Set aside 10% for unexpected: You'll find something you "need."
- •Make a wish list first: Then trim to fit budget. Prioritize impact.
- •Wait for sales: Presidents Day, Memorial Day, Black Friday for furniture.
- •Don't buy everything at once: Collect over time. Better than rushed decisions.