This is an important question for anyone considering new flooring. The answer depends on the materials you choose to use, and the amount of floor you’re needing to cover. The national average for new flooring installation with materials and labor ranges from $6 to $18 per square foot. Typically for a medium-sized living area of 330 square feet, you can expect to pay between $1,660-4,620 for the cost of the materials and the installation.