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How Much Does a New Kitchen Cost in 2024?

How much does a new kitchen cost to buy and install? This is often the first question homeowners ask when planning to create a new kitchen space. It's crucial to have an idea of the costs before designing and visiting showrooms, so you don't start the project without knowing what you need financially.


Choosing a new kitchen can be one of the most enjoyable parts of building, renovating, or extending a home. However, it's important to be realistic to avoid ending up with an unfinished kitchen.


While we can't give you exact numbers for your specific project, we can provide a general idea. The cost will vary depending on the size, design, and features of your kitchen, as well as the supplier you choose. Additional work like installing certain appliances or fittings can also add to the cost.


In this guide, we'll explore the average costs of different kitchen styles, from flat-pack to custom-made, helping you understand how far your budget can go.



How Much Should You Spend On A New Kitchen in 2024?


New-Kitchen-Cost
New Kitchen Cost


The cost of a new kitchen in 2024 can vary widely depending on several factors, but here's a breakdown to give you a general idea:


#1. Overall budget range: 


Expect a range of £7,000 to £100,000+ for a new kitchen renovation.


#2. Factors affecting cost:


  • Size of your kitchen: Larger kitchens require more materials and labor, driving up the price.

  • Materials you choose: High-end cabinets, countertops, and appliances will significantly increase the cost compared to opting for more budget-friendly options.

  • Scope of the renovation: A simple update with new cabinet doors and hardware might be significantly cheaper than a complete overhaul that involves changing the layout, electrical work, and plumbing.

  • Labor costs: Location and the experience of your contractor will affect labor costs. However, Rapid Kitchen offers a budget-friendly service.


#3. General spending percentages (目安 annai): 


While percentages can vary, a common rule of thumb is to allocate:


  • 5-10% of your home's value for a mid-range renovation.

  • Around 20-30% for a high-end kitchen.


#4. Additional tips for budgeting:


  • Get multiple quotes: Compare estimates from several qualified contractors to ensure you're getting a fair price.

  • Prioritize your needs and wants: Decide which features are essential and where you can cut corners.

  • Factor in unexpected costs: Allocate a buffer in your budget for unforeseen expenses that might arise during the renovation.


You can reach out to us or get a quote from Rapid Kitchen to get a specific price for your desired new kitchen design. 


We also encourage you to check out the best ways to finance your kitchen here as we have flexible payment options.


There, we revealed where you can save and how to invest in a new kitchen, how much different kitchen items can cost, and the most important must-haves to add to your kitchen project.


 

The Average Cost Of A New Kitchen


Average Cost Of A New Kitchen
Average Cost Of A New Kitchen


At Rapid Kitchen, we know the new year is a popular time for kitchen renovations, especially with searches peaking in January. However, with the rising cost of living, it can be tough to decide how much to spend on a new kitchen or if it's better to update just a few areas instead.


Magnet surveyed 2,000 adults who bought new kitchens in the last decade to find out where they wished they had saved money and where they wished they had spent more. We also learned what additional features they wanted and how much they spent overall.


The cost of a new kitchen varies depending on its size and whether you're doing a partial update or a complete remodel. Typically, a kitchen renovation should cost between 5-10% of your home's value. From our survey, we've identified the average prices homeowners pay for new kitchen items like cabinets and countertops.


Whether you're looking to update or completely renovate, Rapid Kitchen is here to help you make the most of your budget.



Kitchen item

Average spend 

Kitchen island 

£5,276

Kitchen cabinets 

£4,477

Kitchen worktops 

£2,985

Flooring

£2,653

Appliances

£1,553

Smart Gadgets

£1,188

Dining table and chairs

£1,111

Kitchen splashback

£681

Lighting

£569



Are Cheap Kitchens a False Economy?


If you are on a tight budget, cheap kitchens can be an attractive option, with prices starting at less than £1,000. However, the quality of these kitchens can vary significantly.


Pros of Cheap Kitchens


  1. Affordable: For those with limited funds, cheap kitchens offer a way to update their space without a significant financial burden.

  2. DIY Assembly: Many budget kitchens are flat-packed and designed for DIY assembly, saving on installation costs.

  3. Quick Availability: Budget kitchens from retailers like Rapid Kitchen, IKEA, B&Q, and Homebase are often available for immediate pickup or fast delivery.


Cons of Cheap Kitchens


  1. Material Quality: Budget kitchens are typically made from chipboard or MDF, faced with melamine, veneer, or laminate. These materials are less durable than solid wood or higher-end options.

  2. Excluded Items: Lower-priced kitchens generally do not include worktops or appliances, which can add to the overall cost.

  3. Limited Services: Budget kitchen brands might not offer in-home measuring or fitting services, leading to potential issues if measurements are not accurate.

  4. Potential for Higher Long-Term Costs: Cheaper materials may wear out faster, leading to more frequent repairs or replacements.


Average Costs


  • Lower End: Basic kitchen renovations can cost around £5,000, involving simple upgrades like new cabinet doors and worktops while retaining the existing layout and appliances.

  • Average Spend: Most budget-conscious homeowners spend around £8,000, though this can be reduced if elements of the old kitchen are retained.


Expert Tips


  1. Fittings: Pay attention to the quality of fittings. Some budget kitchens, like those from IKEA, come with high-quality BLUM fittings, which are also used by luxury brands.

  2. Third-Party Suppliers: Consider buying only the units and doors from a kitchen company and sourcing worktops from a specialized supplier. This can ensure higher quality for critical components without overspending.


How Much Do Second-Hand Kitchens Cost?


Buying a second-hand kitchen can be a great way to get a designer or high-quality kitchen at a much lower cost than buying a new one. However, the price of a used kitchen can vary based on several factors:


  1. Brand: High-end brands tend to retain more value, even when sold second-hand.

  2. Materials: Kitchens made from durable, high-quality materials will generally cost more.

  3. Age and Condition: The newer and better-maintained a kitchen is, the higher its resale value.

  4. Inclusions: Some second-hand kitchens come with all appliances, which can increase the overall cost.


General Pricing Guide


According to Used Kitchen Exchange, a common pricing strategy for second-hand kitchens is:


  • Original Purchase Price: Start with the original cost of the kitchen.

  • Depreciation: Halve the original price, then subtract £1,000 for each year the kitchen has been in use.


For example, if a kitchen originally cost £25,000 and has been used for 10 years, the expected resale price would be around £2,500.


Ex-Display Kitchens


Another option is to purchase an ex-display kitchen from a showroom. These kitchens are often sold at significant discounts, typically starting at around 50% off the original price. This can be an excellent way to get a nearly new kitchen at a reduced cost.


Additional Savings


When buying a second-hand kitchen, there are other potential savings to consider:


  • Selling Your Old Kitchen: Platforms like The Used Kitchen Company allow you to sell your unwanted kitchen. This can help offset the cost of your new kitchen and save on dismantling and disposal fees.


Looeeze Grossman, CEO of The Used Kitchen Company, notes that selling your old kitchen not only provides financial benefits but also helps reduce waste by avoiding landfill.


Frequently Asked Questions About How Much A New Kitchen Cost 


Can I finance my new kitchen?


Many kitchen suppliers and contractors offer financing options, which can help spread the cost over time. We offer Zero interest rates.


How much does a new kitchen typically cost?


The cost of a new kitchen can vary widely depending on several factors including size, materials, and appliances. On average:


  • Basic Kitchen Renovations: Around £5,000 to £10,000. This often includes basic cabinets, countertops, and appliances.

  • Mid-Range Kitchens: Typically between £10,000 and £20,000, including higher-quality materials and more customization options.

  • High-End Kitchens: Can cost upwards of £20,000, featuring luxury materials, custom-built cabinetry, and high-end appliances.


How much should I budget for cabinets?


Cabinets typically make up a significant portion of the kitchen budget:


  • Stock Cabinets: These are the most affordable option, ranging from £2,000 to £5,000.

  • Semi-Custom Cabinets: More expensive, costing between £5,000 and £10,000.

  • Custom Cabinets: The most costly, often exceeding £10,000, depending on materials and craftsmanship.


What is the average cost for countertops?


Countertop costs depend on the material:


  • Laminate: £20 to £50 per square meter.

  • Solid Surface: £50 to £100 per square meter.

  • Granite: £70 to £200 per square meter.

  • Quartz: £100 to £250 per square meter.

  • Marble: £150 to £300 per square meter.


How much do appliances add to the cost of a new kitchen?


Appliances can vary greatly in cost:


  • Basic Appliance Package: Around £1,500 to £3,000 for essential items (oven, refrigerator, dishwasher).

  • Mid-Range Appliances: Typically cost between £3,000 and £6,000.

  • High-End Appliances: Can exceed £6,000, with luxury brands adding even more to the overall cost.

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