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You have to be very careful, though. The labor cost can usually include much more. 1. The first cost added in the labor total is the floor installation price. It can vary from $1.50/sq ft to $2.50/sq ft for laminate installation and $2/sq ft to $3.50/sq ft for hardwood floors. 2.You also have to add the cost of installing quarter round or shoe molding.ou have to be very careful, though. The labor cost can usually include much more. 1. The first cost added in the labor total is the floor installation price. It can vary from $1.50/sq ft to $2.50/sq ft for laminate installation and $2/sq ft to $3.50/sq ft for hardwood floors. 2.
1 A good rule of thumb for estimating floor installation labor costs is to take the purchase price of materials and add 50% of that cost. 2  Red oak is consistently the cheapest solid hardwood flooring you can buy, closely followed by white oak.3  Domestic cherry and imported Brazilian cabreuva being the most expensive.f Note: 1  A good rule of thumb for estimating floor installation labor costs is to take the purchase price of materials and add 50% of that cost. 2  Red oak is consistently the cheapest solid hardwood flooring you can buy, closely followed by white oak. 3  Of the exotics, black acacia is the least expensive.