Make Your Living Room Look Luxe on Any Budget—Here's How

Updated 07/16/18
Living Room Ideas — Budget Décor
Courtesy of Studio McGee

Not everyone agrees on how much a piece of furniture or decorative accent should cost. Ask anyone on the street how much they would be willing to pay for a sofa, and we bet you'll get a pretty wide range of answers. That's why styles exist at every price point and stores exist to fill every market gap imaginable—even the ultra high-end. And although not everyone can afford an $8000 Fritz Hansen chair, we believe that high style can be achieved with any budget.

To put this theory to the test, we created three very similar-looking rooms with completely different price breakdowns: $8000, $3000, and $2000. The best part? Each of the items in these rooms can be mixed and matched to create your ultimate living room. Which items would you pick for your own space? Keep reading to find out how much your own living room would cost.

Living Room Ideas Budget Décor
Original Illustration by Stephanie DeAngelis

Total: $8257

At the higher end of the spectrum, there's the original design that inspired this story: a Menu navy sofa, a blue silk rug, and a designer side table and lamp. This look is filled with quality pieces—some iconic—and top-tier materials. That said, not everyone can afford to pay top dollar for an accent table.

Menu Godot Sofa $3700
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Designed by Scandinavian brand Menu, this sleek sofa adds sophistication to any space.

Tabula Rasa NY Bayan Pillow $350
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This handcrafted pillow is unique, elevated, and textural. The yarn is sourced from the finest mills in Italy.

&Tradition Marble Light SV6 Table $207
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With a chic marble base, this globe lamp is an elegant addition to any space.

Grain Dish Side Table $2200
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Taking inspiration from hand-carved African stools, the design studio Grain carves these side tables from solid American ash right here in the USA.

Mirage Area Rug, 6' x 9'
Safavieh Mirage Area Rug $1800
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This blue viscose rug has the luxe look of silk with a richly faded finish. 

Living Room Ideas
Original Illustration by Stephanie DeAngelis

Total: $3389

In the mid-range version, a significant amount of money is saved on the sofa and the side table alone, bringing the price down considerably. That said, the design still features the same modern navy sofa style, striped pillow, and one of our favorite mid-range finds: a Menu concrete lamp.

Capsule Big Arm Sofa $1499 $1349
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A relative newcomer to the online retailer scene, Capsule builds beautifully made sofas at an attractive price. The big arm sofa is our favorite.

TRNK Handwoven Accent Pillow $89
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This handwoven pillow features a subtle geometric pattern—a contemporary design, inspired by old-world patterns

Menu JWDA Concrete Table Lamp $200
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At only $150, this Menu lamp is the most stylish lamp you could find at that price point.

Wade Nesting Side Table
Rejuvenation Wade Nesting Side Table $299
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For a more affordable side table option, this Rejuvenation nesting table comes in at only $299.

TRNK Catania Rug $1302
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Though still on the higher end of the spectrum, this hand-knotted rug from TRNK has a beautiful faded quality at a lower price point.

Budget Living Room Décor Ideas
Original Illustration by Stephanie DeAngelis

Total: $2204

Because we truly believe that style can be achieved at any budget, we went even lower. Here, the pillow clocks in at only $45 while the lamp and side table come in at $129 and $85, respectively. The larger pieces are also lower priced but retain a certain level of quality and durability that's necessary for these kinds of pieces.

Blu Dot Puff Puff Studio Sofa $1299
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We love Blu Dot for its attainable prices and high-end looks. This Puff Puff sofa is a favorite.

Rizzy Home Braided and Beaded Stripes Decorative Pillow $42
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Save a few dollars by picking up these striped pillows on Hayneedle.

Nova Table Lamp
West Elm Nova Table Lamp $129
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This West Elm table lamp is a good alternative to the other ones—if you're looking to decorate on a budget.

Capsule Ovoid Side Table $99 $85
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Another favorite piece from Capsule is this side table that's only $85 dollars. If that's not a steal, we don't know what is.

Lucent Rug
West Elm Lucent Rug $999 $649
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West Elm has its own line of beautifully faded rugs that mimic the look of silk. This is one of our favorites.

Next up: one entryway, three prices—how to decorate for any budget.

This story was originally published on July 8, 2017, and has since been updated.

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