Yes, laminate flooring on steps is a good idea, but you have to be familiar with the installation process and what laminate type to choose.  Most homeowners pick laminate over hardwood because it’s much more affordable, resembles natural wood, is durable, and offers DIY installation. There is no doubt that hardwood stairs look and feel fabulous, but they are expensive.  Most manufacturers offer special nosing pieces that you can use to finish the stairs and make the laminate look even richer and more beautiful.