The cost of a drop-down ceiling will vary depending on the size and type of materials used. For example, a basic gypsum board ceiling can cost as little as $2 per square foot, while a more complex wood paneling system could cost upwards of $10 per square foot.
In terms of installation, the costs will again vary depending on the complexity of the project. A simple drop-down ceiling can be installed by a handy homeowner in just a few hours, while a more complex system may require the assistance of a professional contractor. Overall, installation costs can range from $200 to $1,000 or more.