Wall paneling costs an average of $193 to $276 for a small 135-square-foot space as of 2015. The prices can vary based on the location. Online calculators typically include the option of adding a ZIP code to find out the approximate price.
Other factors that determine the cost of wood paneling include the brand and type of wood, the retailer it is purchased from, the size of area and the contractor's labor costs if it is installed professionally. Labor costs for about 4.5 hours to install the paneling range from an average of $131 to $340. Supplies and materials also add to the final costs, in addition to the use of specialty equipment such as a finish nailer or belt sander.