by 
The Curious Bag
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<h4 class="dechead">On One Hand: Carpet Is Initially Cheaper
Carpet can be considered more economical initially than tile as it is about one-third the price. The average cost for carpet is $3.38 a square foot, compared to $11 a square foot for ceramic tile. Carpet also helps retain the heat of a room, making it energy-efficient for colder climates. It is also easy to replace if your needs change or if damage should occur.
On the Other: Tile Can Be a Good Investment
Tile lasts much longer than carpet, which may make it less expensive in the long run. Tile is more energy-efficient for warmer climates as it keeps rooms cool. Tile also requires little maintenance--unlike carpet, which requires regular cleaning with special products or services. Tile also beautifies a room, giving it a classic and natural look.
Bottom Line
Depending on what your needs are, both flooring solutions can be economical. Both can be energy efficient and functional depending on the type of room. It is best to sit down with your budget and price out both options to find out what will work for you.
Source:
This Old House: Estimated Costs
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