Are Wall Panels Cheaper Than Drywall? Cost Comparison and Insights

Comparing Costs and Materials  

When comparing wall panels and drywall, it's important to consider the cost, materials, installation, and long-term factors that affect their prices.

Material Costs and Types  

Drywall is typically more affordable upfront, with sheets priced between $9 and $15, though costs can vary depending on the specific product. The most common type is gypsum drywall.

Wall panels, on the other hand, are available in various materials, each with its own price range:

- PVC panels

- Plywood

- MDF (medium-density fiberboard)

- Cement board

Each material offers different benefits in terms of durability, appearance, and cost.

PVC wall panels can be pricier than drywall. But they’re water-resistant and durable. Plywood is cost-effective and easy to work with. MDF is cheap but less sturdy. Cement board costs more but lasts longer in damp areas.

Beadboard and veneer plaster are stylish options. They cost more than basic drywall but add visual appeal.

Installation and Labor Costs  

Installing drywall can be time-consuming, as it involves hanging, mudding, and sanding. Labor costs for hanging drywall range from $0.15 to $0.65 per square foot, while mudding typically costs $0.40 to $0.70 per square foot.

Wall panels, on the other hand, can be faster to install. PVC panels, for example, go up four times quicker than drywall, potentially reducing labor costs. Some panel designs feature click-together systems, making DIY installation easier.

Plywood and MDF are also relatively quick to install, while cement board is heavier and requires specialized tools, which can increase installation costs.

Maintenance and Durability  

Drywall requires more maintenance. It can crack, dent, or suffer from water damage, and over time, you may need to patch or repaint it.

Wall panels tend to be more durable. PVC and cement board, for example, are resistant to water and mold, making them ideal for bathrooms or basements. However, plywood and MDF can warp when exposed to moisture.

Many wall panels are easy to clean—simply wipe them down—saving both time and money on upkeep. Some panels even come pre-finished, eliminating the need for painting.

In terms of long-term costs, drywall alternatives like PVC can offer up to 55% lower total costs over time. They typically last longer and require less maintenance, making them a more cost-effective option in the long run.

Design and Functional Considerations  

When choosing between wall panels and drywall, you’re not just selecting a material, but also determining the design and functionality of your space. Each option offers unique features that influence both appearance and performance.

Aesthetic and Textural Variations  

Wall panels offer a wider variety of visual appeal compared to drywall. Available in materials like wood, metal, and plastic, they come in different colors and textures, making it easier to achieve rustic, industrial, or contemporary looks. Many panels include patterns or 3D elements that add depth to your walls. For example, you could choose barn wood for a cozy feel or sleek metal for a modern, minimalist vibe.

Drywall, on the other hand, provides a smooth, blank canvas. This allows for endless customization, whether through painting or wallpaper. It’s perfect for those who prefer a clean, simple aesthetic.

Structural and Environmental Factors  

Wall panels are generally lighter than drywall, which makes them easier to install. Some types, such as PVC and cement board, are water-resistant and are ideal for areas with high moisture, like bathrooms.

Additionally, certain wall panels offer superior soundproofing properties compared to standard drywall, making them a great option for bedrooms or home offices.

Drywall, however, excels in fire resistance, adding a layer of safety to your home. It’s also strong and can support heavier items such as shelves or TV mounts without additional reinforcement.

Both materials can be mold- and mildew-resistant when treated properly, helping to preserve the quality of your walls and maintain good air quality.