Is it cheaper to drywall or drop ceiling?
Drop ceilings are more expensive to install than drywall making drywall the cheaper option. However, if you can install a drop ceiling by yourself, you can save on labor costs. You should also factor in paint costs for a drywall ceiling and whether you are hiring a professional to install and paint for you.
How much does it cost to put in a drop ceiling?
The cost to install a drop ceiling is around $5.50/sq. ft. when a contractor is hired to handle the installation, or about $2,750 for 500 square feet. DIY installation costs an average of $2.75 per square foot.