Laminate wood flooring is made from composite wood pressed together at high temperatures. The image of hardwood is then placed over the composite wood, covering it to form the laminate. Not only are the materials themselves cheaper, but laminate wood installation cost is, on average, 50 percent less than hardwood installation.
Since laminate is made from pressed wood, it is more durable and resists scratches, moisture and wear and tear. Laminate flooring is also easier to clean. Even though laminate is more durable, it is not always as visually appealing. Lower qualities of laminate may have artificial-looking woodgrain textures. A quality laminate floor is a viable option when budget matters. You can get the look of hardwood without the high cost.