Cost can be somewhat difficult to calculate in the long run. Though porcelain tile is close in price to floors such as hardwood, it is more expensive thatn LVP, laminate, and carpet. Installation is usually more expensive as well. But as the years go by and other floors start to stain, or splinter, or go out of style, you won’t have to replace tile flooring like you do carpet, hardwood, and faux wood flooring. Tile can last a lifetime.