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Then there's the cost of flooring, which is between $1,400 to $5,000 and highly dependent on the material selected and the overall square footage. While vinyl is an excellent option in terms of affordability, it does not add much value to a home. In comparison, granite and hardwood flooring will increase value, but at a higher cost. While wood floors are popular, most remodelers don’t recommend having them in your kitchen because they are so susceptible to moisture. Contractors may calculate the cost of a kitchen project by simply adding up material costs, then tacking on a percentage to cover labor. While there's no exact rule of thumb for this tactic, Old House Web estimates that labor generally represents about 15 to 30 percent of the cost of a kitchen remodel, with materials accounting for the other 70 to 85 percent. The Complete Idiot's Guide to Remodeling Your Kitchen estimates the cost of labor slightly lower, at roughly 10 percent of the cost of the average kitchen remodel. Generally, the percentage attributed to labor will be lower on projects with high material costs, and higher on projects with low material costs.