A kitchen budget starts with fair market value.

The kitchen represents 10-20% of the fair market value of a home.

• Investing less than 10% of the fair market value may result in a kitchen that doesn’t meet expectations.
• Exceeding 20% makes it more difficult to recoup expenses when you sell your home.
• 50-65% of the cost should be designated for cabinetry and countertops (or 50% for cabinetry and 15% for countertops).
• Another 15% can be expected for appliances, flooring and other goods like lighting, plumbing fixtures, etc.
• The remaining 20-35% includes the costs of labor, design elements, contracting services, etc.

For a home worth $100,000

Category	% of Total Budget	Amount
Cabinets and countertops	50%-60%	$10,000 – $13,000
Appliances, flooring and other goods	15%	$3,000
Labor, design, contractors, etc.	20%-35%	$4,000 – $6,000
	Total Budget	$20,000

For a home worth $250,000

Category	% of Total Budget	Amount
Cabinets and countertops	50%-60%	$25,000 – $32,500
Appliances, flooring and other goods	15%	$7,500
Labor, design, contractors, etc.	20%-35%	$10,000 – $17,500
	Total Budget	$50,000

For a home worth $300,000

Category	% of Total Budget	Amount
Cabinets and countertops	50%-60%	$30,000 – $39,000
Appliances, flooring and other goods	15%	$9,000
Labor, design, contractors, etc.	20%-35%	$12,000 – $21,000
	Total Budget	$60,000

For a home worth $400,000

Category	% of Total Budget	Amount
Cabinets and countertops	50%-60%	$40,000 – $52,500
Appliances, flooring and other goods	15%	$12,000
Labor, design, contractors, etc.	20%-35%	$16,000 – $28,000
	Total Budget	$80,000