Sample Budgets For Living Rooms, Dining Rooms, and Bedrooms
A few weeks ago, I shared my budgeting strategy for decorating projects and got some great feedback (thank you!), so I thought I’d go one step further and provide some sample budgets you can use as a jumping off point! If you haven’t read the first post, I’d suggest you start there and then come on back over here. It’ll provide some good context for this one!
Budgeting for projects isn’t always the most fun, I know, but it’s important. No matter whether your budget is large or small, figuring it out ahead of time will serve you well and keep you on track so you know what you have to spend. I’ve found there’s freedom when you’re working within defined parameters - it makes the shopping part more fun and a really positive experience.
Sample budgets for decorating projects
I thought it would be helpful if I worked off of real numbers for three different rooms at two different price points so you can get a sense for how things shake out piece-by-piece. I did a little bit of this in the last budgeting post, but this is more thorough since I included just about everything you’d need in a typical room setup. You’ll be able to see how I might allocate the budget to the different pieces. Of course there’s no one right way to spend a chunk of change since everyone has different prioritizes, and different rooms have different needs, but this’ll get you started!
I made sample budgets for a living room at $5,000 and $10,000, a dining room at $5,000 and $8,000, and a bedroom at $5,000 and $10,000. Why these two price points? Because these are pretty typical amounts for many of my e-design clients - they’re ranges I know well! $5,000 is also a good base to work from generally - it’ll get you a few good pieces and you can mix in some budget-friendly items to round it out. If you’re able to spend a little more, $10,000 is going to increase the quality of everything across the board and you’ll be able to invest in a few pieces that’ll last you a good while.
Sample Budgets for a Living Room - $5,000 and $10,000
Living rooms usually require quite a few pieces of furniture and decor, so it’s easy to spend quickly! You have to be really thoughtful with a $5,000 budget (that’s about as low as I’d want to go to furnish a living space) especially if you’re hoping for decent quality sofa and chairs, but it can be done as you’ll see! Going up to $10,000 allows for a little more breathing room and you can upgrade the quality of a few more pieces as well.
Here’s how I’d spend $5,000:
And here’s how I’d spend $10,000:
Sample Budgets for a Dining Room - $5,000 and $8,000
Dining rooms don’t need nearly as much as living rooms, so $5,000 is a pretty nice budget to start with! I think you can put together a great space for that amount. I bumped up the next tier to $8,000, which will give you more flexibility to invest more on a dining table, chairs, or buffet for example. Or, you could spend that extra $3,000 on things like adding wallpaper or built-ins, which aren’t things I included in my sample budgets, but they could certainly be added!
Here’s how I’d spend $5,000:
And here’s how I’d spend $8,000:
Sample Budgets for a Bedroom - $5,000 and $10,000
Finally, let’s take a look at a couple of sample budgets for a bedroom. Here I included typical items you’d need minus a mattress since I see that as a more personal decision that folks make on their own apart from the rest of the furniture and decor. I think $5,000 is a great starting point and will get you set up quite well with some good pieces mixed in with a couple of more budget-friendly ones. If your budget is more like $10,000, that’ll go a long way - you can definitely throw in some investment pieces at that price point.
Here’s how I’d spend $5,000:
And here’s how I’d spend $10,000:
Want to use this framework for your next project? Download my budget spreadsheet template by filling out the form below!
Grab your FREE project budget spreadsheet!
P.S. I promise I’ll never share your information with a third party - your privacy is important! You’ll start receiving the Mix & Match Design Company Newsletter and other fun goodies once you sign up!
