How Much Does it Cost to Furnish a Room in 2024? An Eye-Opening Look at Design Budget

Updated for 2024.

It’s a valid question, and we get it all the time: how much does it cost to furnish a room?

If you’re wanting an interior designer to work some magic on your home, at some point you’re going to come up against the part nobody wants to be transparent about. But today, we are! Because it’s the one factor that could have your design dreams come to a screeching halt.

I consider myself quite fortunate to have a number of potential clients wanting to work with me. There seems to be an increase in people wanting to revamp the look and feel of their homes, which is great.

But the downside is that roughly 20% of enquiries don’t progress past the initial phone consult due to an inadequate interior design budget…

How Much Does it Cost to Furnish a Room?

In fact, some of the enquiries don’t even make it to the discovery call at all. This is usually due to the fact that the client has told me their budget when they’ve filled out the consult form. And I know from the get-go that it’s simply not enough to achieve their vision.

And so then comes the part where I have to email back to explain it’s probably a dream that can’t be realised.

With that revelation out of the way, I think it’s best we discuss budget – warts and all. And I write this post just now because I had a phone conversation that went south quite quickly last week. And it went south the moment I discussed money.

Oh, and here’s how long the entire design process takes if you want information on that.

Here’s The Thing: Most People Don’t Buy Everything At Once

That’s probably why budget comes as such a shock to people. Truth is, most of us shop for furniture and decor over the course of a year or more. We invest in a sofa to start, then a good rug follows. A few months later, we secure that dream armchair. And then after tax time we splurge on some sheer curtains.

I absolutely get all of that. But when you work with a designer, and you’re getting all of those products in one hit, they add up. And they add up quickly.

That’s actually one of the bonuses of working with a designer. We conceptualise the entire space for you, get all the products at once, style it all in your home – all without you stressing out, or running around on weekends from store to store.

And trust me when I say that for a room to feel complete, and designed, and fully resolved, you need to spend a decent amount of money.

When Furnishing a Room, Things Add Up Quickly

This notion of things adding up quickly is what I had to explain to a potential client who wanted to furnish a four-bedroom home with a budget of $20,000. Now, $20K seems like a lot of money. And it is.

But during this conversation with my potential client, she revealed that she had already secured her sofa. It was $5000, and so a big ticket item was already sorted.

Let that sink in for a moment. A $20K budget to furnish the entire home. And the sofa was $5000. That’s a quarter of the entire home’s product budget gone on just one item.

Scroll on as we answer the question, how much does it cost to furnish a room? with a real-world example and prices listed out.

How Much Does it Cost to Furnish a Room: Real Example

I think you’ll find this exercise revealing. I’ll use a living room as an example, because they are by far the space that people want to transform the most.

To have a living room feel ‘done’, we’d need, at a bare minimum:

• A modular sofa
• A floor rug
• Coffee table
• An armchair
• Side table beside the armchair
• Entertainment unit
• Floor lamp
• Art for the walls
• Approx five cushions for the sofa and chair
• Decor for coffee and side table (but I wont even include this)

This is just furniture and decor. For this example, I’m not even going to consider painting the room, installing new window coverings, installing pendant lights, or anything else that I would usually want to do in a client’s living room.

How Much it Costs to Furnish a Room: Real Calculation

I’m going to take a mid-level retailer, OZ Design, and add up what you’d spend if you wanted to shop there to style up your living room. This will really bring the notion of how much it costs to furnish a room to reality.

Below I’ll list a random selection of products, with links, and what they cost (Updated with latest pricing as of 2024):

• Astrid Modular Sofa, $5799
• Huxley floor rug, $1799.25
• Sorento coffee table, $599
• Bailey armchair, $1724
• Braxton side table, $499
• Sari entertainment unit, $1599
• Empire floor lamp, $449.25
• Jungle Lily artwork, $824
• 5 x Adina cushions, $374.80

Grand total to furnish one living room from a retailer: $13,667.30

Remember, that doesn’t include any smaller decorative pieces like books or candles.

It also does not include delivery charges. Every supplier is different, so you always have to put aside some extra money for this. Hopefully you’re starting to understand why I had to tell my potential client that $20,000 was not enough to furnish a whole house.

But Wait, Don’t Designers Get Discounts?

I thought you might ask. And yes, for the most part we do. Every supplier is different and gives a different trade discount. Some designers do not pass on discounts. I do, however, share the discount the supplier gives with my client.

Let’s say, as an example, you can save 20% off the topline price of the above living room by working with a designer. That still leaves your basic product spend to furnish the room at $10,933.84.

That is still over $10,000 to do a basic furnish of one room. You might also have a dining room, master bedroom, guest bedroom, entryway, hallway, or rumpus to do as well. And I say ‘furnish’ because that’s all it is. Designing a room takes so much more product and possibly trades like painters, wallpaper installers, electricians, carpenters etc.

I told you it was going to be a transparent look at budget, didn’t I?

Clients Can Get Cagey About Money

Now you know how much it costs to furnish a room, but I don’t want this news to scare you. I just want you to go into the process with a clearer idea of how the product costs work. We designers are talented folk, but we can’t work miracles when it comes to budget.

Of course, we are skilled at knowing where to spend, where to save, and how to pull off luxe moments for less (at times). But a healthy talk about budget is going to happen early on in the process should you wish to work with me. So it’s best you’re armed with all the information.

But here’s the truth:

I am not here to rip you off. I will spend the same amount of time working on your project should you go for mid-level products, or if you go for high-end products. So the budget doesn’t really matter to me.

By telling me what your interior design budget is you simply allow me to work out which brands of furniture I can put in your home. You tell me how much money I can spend, and I’ll spend it. It’s really as simply as that.

You don’t have to have a huge budget to work with me, but you do need to have a budget.

So What’s a Healthy Design Budget to Furnish a Room?

The best way to find out if you have a healthy interior design budget, is to fill out the form at the bottom of our enquiry page and we can discuss further. But as you’d already have seen above, it’s wise to allocate approximately $13K per room for furnishing.

I truly hope this has helped clear some things up regarding the question of how much does it cost to furnish a room. Please don’t hesitate to drop a comment below or email me via our contact page if you have any questions.

Oh and if you want more info on my design fees and how they work, click here. Because outside of paying for products you also have to pay me for the time I work on your project.