Living Room Budget Calculator That’ll Totally Help You Save Money In 2023
Looking for an idea of how much that new Living Room will cost you? Grab the Living Room Budget Calculator Worksheet to help you start planning today!
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Living Room Budget Calculator
So you are ready to start your living room design project but have no idea how much it will cost.
Don’t worry you are not alone!
What I’ve found is that most people focus on one piece at a time.
If they are doing a Living Room makeover the first thing they will think is….OK, I need to paint my room and then pick a sofa.
What you don’t realize is that you should plan out your room first. Especially the main pieces like your sofa, chairs, rug, tables, artwork, color scheme, and the overall look and feel.
The artwork or rug is a great jumping-off point to start your room design. It makes it super easy to create the color palette of your living room design.
All this should be planned out BEFORE you pick the paint color.
The reason is that there are hundreds of paint colors but fewer fabric colors.
Choosing the paint color first will lock you into the undertone of your paint. For example, if you pick a paint color with a yellow or blue undertone it might NOT work best with your overall design.
If you choose the paint color after you have planned your color the process will be much easier.
In the below Target post, I shared a handy Living Room Budget Calculator | Price Guideline and Budget Worksheet to help with your next project.
This post is all about the living room budget calculator worksheet.
Living Room Budget Calculator Inspiration
Included is a list of items you may want to have in your room design at three different price points.
In the future, I’ll do favorite vendors for Budget, Mid Range and High-End price points so be on the lookout for that.
Obviously, not every item is needed but I wanted to list the possibilities so you could decide whether or not you’d like a bar cabinet for example.
Related Post: Follow Me On LTK for more furniture and home decor ideas!
Living Room Budget Calculator Price Guideline Sheet
Free Worksheet Download
There is a worksheet for the Living Room items as well as a blank worksheet if you are working in a different room right now.
Remember it’s always best to plan out as many of the larger pieces as possible to create the Look and Feel of your space.
Interior Design Process
These thirteen design tips will help you plan out your living room.
1. Create a Floor Plan
2. Pull Inspiration Images
3. Make Your Dream List
4. Set A Budget
5. Start Sourcing Items
6. Pull Your Color Palette From A Rug, Artwork, or Pillows
7. Look At The Design As A Whole
8. Make Sure To Repeat Elements Within The Design
9. Find The Best Price For Final Selections
10. Order Your Products
11. Patiently Wait For Your Items To Arrive
12. Put Your Room Together
13. Enjoy!
Related Post: 15 U Shaped Sofa Sectional Styles That’ll Take Your Living Room To The Next Level
How To Design A Modern Living Room
Here are the steps I take when designing any space.
Step 1
Create a Pinterest brain dump board. This is where you will save your inspiration images from step 2 and the products you like.
As you source online save the images at the same time. Otherwise, you may not remember where you got the image from.
Don’t worry if you like a lot of products because you will narrow it down later.
Also, do not look at the prices yet. Just save furniture and home decor you like.
This is meant to be the inspiration for the look and feel you are after. Just dream right now.
Step 2
Start to narrow down your saved images.
Choose no more than 3 images from Pinterest or online that will be your inspiration.
Step 3
Choose a jumping-off piece (artwork, fabric, pillow print, or a rug).
Use Canva or Google Slides to create a concept board. Add this image to your board.
Step 4
Establish your color palette choose neutrals (white, black, ivory, gray, etc) and 1-2 pop colors if you’d like. Your pop color can also be a metal such as gold.
Save these colors to your Canva board as well.
Step 5
Choose your main statement furniture piece (the largest piece of furniture, your sofa in this case)
Add this to the Canva Board.
Step 6
Choose accent furniture (side tables, coffee table, accent chairs, etc)
Save these to the Canva board as well.
Step 7
Choose pillows, rug, accessories, lighting, etc
You know the drill save these to the Canva Concept Board.
Step 8
Measure your space and create a floor plan. Use a free room planner tool online.
Free How To Measure Download
Don’t forget to measure and create your floor plan. Grab the handy download to get started today.
Step 9
Once you have the “look and feel” concept board and your floor plan complete this will be the road map to follow for your room design.
Whether you are sourcing online or out and about, you will know the furniture, home decor, and size you need
This takes out the guesswork and reduces the number of returns you will have.
After the steps from above are complete you may need to tweak the products you selected based on price or size.
As you work through the floor plan process you will add the sizes from the pieces you sourced. If anything doesn’t fit you’ll need to find an alternative.
Target Living Room Budget Calculator Design
1. Small Seagrass Light Pendant // 2. Brass Figurine Gold // 3. Gino Turned Drum Accent Table // 4. Guilford Sofa // 5. Artificial Rubber Leaf Tree // 6. Leonia Round Marble Drink Table // 7. Stripes Poly Filled Pillow // 8. Wood Drum Cocktail Table // 9. Decorative Wooden Bead Garland Natural // 10. Lumbar Woven Textured // 11. Square Velvet Embroidered Pillow // 12. Vintage Persian Rug // 13. Throw Blanket Pink // 14. Brass Leg Ottoman // 15. Console Table with Woven Rattan // 16. Cane Back Accent Chair // 17. Decorative Round Rattan Basket // 18. Gold Mirror // 19. Treetops Peel & Stick Wallpaper
The above breakdown is an example of how much your living room design may cost you. This is just a guideline for a more affordable living room design.
The more high-end you go on your furniture pieces the more the design will cost. The sky is the limit, my friends!
That’s it for today’s quickie post.
I hope this was helpful and inspiring as you go through your design journey.
Have a great day full of Unicorns + Rainbows!
xo Nicole
This post is all about the living room budget calculator worksheet.
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