edit Cost of Fiberglass vs. Spray Foam Insulation. On the whole, spray foam insulation costs two to three times as much as fiberglass insulation. Fiberglass insulation costs around $0.40 per square foot. Spray foam can be significantly more expensive, but can lead to bigger savings on heating and cooling costs.It costs around $3 per square foot, with a thickness of 3 inches.dit Cost of Fiberglass vs. Spray Foam Insulation. On the whole, spray foam insulation costs two to three times as much as fiberglass insulation. Fiberglass insulation costs around $0.40 per square foot. Spray foam can be significantly more expensive, but can lead to bigger savings on heating and cooling costs.
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