The following factors affect the total cost of the project:

Size of the kitchen and Project Scope

One of the most significant drivers of the cost is the size of your kitchen. This means a big kitchen remodel is more expensive than a small kitchen remodel. 

The scope of the project is the next cost driver to consider.  The elements you want to change such as adding a window, moving or adding walls, changing the kitchen cabinets, or moving the kitchen counter will very likely make your project more expensive.

To reduce the cost, prioritize and compromise, meaning make essential changes first if your budget can’t accommodate all the things you desire.  Your architect or contractor is the best person to talk to regarding your design priorities. They can recommend ways to achieve your desired results within your budget.

Design Elements

A kitchen has various elements including cabinets, countertops, and lighting. 

A remodel will cost much more than a renovation. To plan your budget, you must include all the elements including:

Backsplashes

Replacing a backsplash is not expensive and will enhance the aesthetic value of your project.  You can choose the material that suits your budget.  The average cost of a backsplash is $2,000 to $5,000.

Countertops

Countertops come in various types – quartz, granite, wood, metal, etc. Engineered products cost less than natural products. The average cost of a 28 sq. ft. countertop is $3,000, not including tax and labour costs. 

To give you an idea, a laminate countertop could cost from $8 to $22 per square foot while a quartz countertop costs from $80 to $110 per square foot. That is a huge difference!

Faucet and plumbing

You can get a bigger sink or better faucets if you are installing a new countertop. Plumbing upgrades usually cost around $1,300+.  

Kitchen Cabinets

Cabinets generally account for a big chunk of the expenses for a kitchen remodel.  The cost will depend on the materials you choose.  Standard to mid-range cabinets cost from $5,000 to $9,000.  Custom cabinets will cost much, much more.

Flooring 

Replacing kitchen flooring can cost from $2,500++, depending on whether you go for tile, laminate, or hardwood.  Laminate flooring is popular among budget-conscious homemakers.  Natural wood and stone flooring are high-end options.  You will also need to include the cost of the removal and disposal of the old flooring.

Painting

Painting the kitchen is always part of a kitchen remodel, big or small. The brand and color of your chosen paint will affect the cost.  Small to mid-size kitchens could cost $3,000, on average.

Lighting & Electrical

Don’t forget to plan your budget for lighting.  Fixtures that illuminate the kitchen and work spaces are very important. Expect to pay around $1,500, on average, for lighting and electrical or around 5% to 10% of the project cost.

Appliances

Upgrading to energy-efficient appliances will save you money over time but the upfront cost can be staggering.

Appliance upgrades will account for around 15% to 20% of the project cost with an average price of $4,000+.