The standard cost of Fairmont flooring installation ranges between $826 add $6,201. The type of flooring to be installed and design also add to the cost of the installation. A wood flooring can cost a homeowner around $8000 for a 1000 square foot home. The cost also depends on whether the wood flooring is a solid wood or an engineered wood floor. A laminate flooring installation can cost around $2800 for a 500 square feet project. That is approximately $5.50 to $6 per square foot. Vinyl and linoleum flooring on the other hand can cost $2.50 up to $4 per square foot. This flooring material is considered to be the cheapest among the most common flooring in the market. Tile flooring installation can cost a homeowner as low as $.60 per square foot for a cheap ceramic tile to a staggering $1,000.000 per square foot for a mother of pearl tile.