Every few years, it happens...
You start to notice that your old mattress is less comfortable than it used to be and you aren’t sleeping as well, either.
That means it’s time to get a new mattress - but they can be very, very expensive. How much do mattresses cost, and how much should you spend on one? Check out our guide to mattress pricing to learn how to find the best deal on a new mattress!
Price Range for Different Types of Mattresses
The price you’ll pay for a new mattress varies wildly depending on the type of mattress and the brand. There are, generally speaking, three different tiers of price for each type of mattress and mattress brand. Let’s take a look at the low, medium, and high price tiers for different types of mattresses, from memory foam to air mattress:
Memory Foam Mattresses
This mattress category might have the widest price range of any mattress category. Since memory foam was introduced to the marketplace in the 90s, it has been among the most popular mattress material in the world. Because of this, there are dozens of manufacturers making memory foam mattresses, and no two are the same.
For a low-quality, budget memory foam mattress, you can expect to pay about $150-250 for a queen. This is without a doubt a great deal, but you do get what you pay for. Budget mattresses rarely work as well as you’d hope and can leave you feeling like you’ve wasted time and money for nothing.
Mid-tier memory foam mattresses are, as you may have guessed, a bit more expensive. The good news is that mid-tier mattresses are usually worth the money whereas bottom-tier mattresses are not. Typically, this price tier is where you’ll start to find mattresses that have cooling gel, ultra-soft covers, and durable construction. Mid-tier memory foam options will run anywhere between $350 and $700 for a queen size.
Premium, top-tier memory foam mattresses bring a feeling of luxury to each night of sleep. They are often made with premium materials, have cooling features, and have the longest, most complete warranties. Getting a top-tier memory foam mattress will cost you at least $750, and some of the most expensive models can set you back $1,800 or more!
Traditional Innerspring Mattresses
Innerspring mattresses are the oldest type of mattress that’s still in wide use. However, just because they’re older does not necessarily mean that they’re cheap. Innerspring mattresses have a more complex construction than memory foam and they usually last a lot longer; this means manufacturers usually need to charge more to make a profit.
Low-tier innerspring mattresses, for a queen size, can commonly be found for about $180 at the lowest and $280 at the highest. These mattresses are thinner, between 6 and 10 inches thick, and are great for firm sleepers. There is still a good chance you’ll find a real dud by paying this little for an innerspring mattress, but the risks aren’t as great as with memory foam.
The next price tier is where you’ll find thicker and softer mattresses. Medium-priced innerspring options will usually be set between $350 and $600, like this mattress from Avenco. If you’re looking to find a great combination of value and comfort, the chances are pretty high here.
Top-tier innerspring mattresses are all over the place in terms of price. Most of the time, the brand you’re looking at is the biggest determining factor, but thickness places a role as well. Generally, the thicker the mattress, the more you’ll have to pay for it. Top-tier innerspring models are the thickest, softest, and the most comfortable for nearly every type of sleeper. These mattresses will cost between $650 and $5,000 - yes, there are mattresses like this one that cost more than a used car!
This type of mattress is becoming more and more popular each year. They solve the problems of both innerspring mattresses (uncomfortable springs) and memory foam mattresses (poor heat regulation). Many companies have started to market their hybrid mattresses as their main product lines as people respond to the superior comfort, durability, and heat regulation that they offer.
Low-priced, budget hybrid mattresses aren’t exactly easy to find- combining memory foam with individually-wrapped coils isn’t cheap. However, there are many affordable options out there; they’ll cost between $250 and $450 for a queen size.
Mid-tiered hybrid mattresses don’t always offer much more in terms of comfort or support, but they may feature hypoallergenic materials and a few extra inches of thickness to keep you nice and comfy. This price tier ranges from $500 to $1,100; it’s by far the most popular price range for hybrid mattresses. As such, you’ll find the most options within this range.
Paying more than $1,100 for a hybrid mattress will land you solidly in the top/premium price tier. They can cost upwards of $2,400 and are made by the world’s top brands. When you pay this much for a mattress, you know that you’re paying for exceptional comfort, long-lasting materials, and a best-in-class warranty!
Price Range for Major Brand of Mattress
Perhaps more important than the type of mattress you buy is the brand you buy it from. Each major brand has its own strengths and weaknesses and operates in a different price tier. Here is what you should expect to pay for some of the most popular brands of mattresses:
Sealy has been around a long, long time. Their mattresses are sold by many different websites and in thousands of physical showrooms; they’re valued for providing supreme comfort and some of the best warranties around. Sealy makes innerspring, memory foam, and hybrid mattresses and is one of the highest-priced brands.
That being said, Sealy does have a product line called “Sealy Essentials” that offers very competitive pricing. The Essentials line is great for people who like a very simple, firm mattress and will cost between $225 and $600.
Most Sealy mattresses are much more expensive, with the average range for a queen being $800-$1,700. If you’re looking for premium quality and a brand name with a very solid reputation, consider getting your new mattress from Sealy!
Tuft & Needle
This company is a bit younger and more affordable than Sealy, but still offers many of the same features and benefits. In recent years, Tuft & Needle has become a very trendy brand as it’s gained recognition as one of the most affordable companies producing premium mattresses.
Tuft & Needle has three different mattresses in their lineup. The Original model costs roughly $700, the Mint is a bit more expensive at about $1,000, and their top-of-the-line Hybrid costs just under $1,600.
Tuft & Needle is known for delivering mattresses that go toe-to-toe with the premium brands but charging hundreds of dollars less. On top of that, you can get a Tuft & Needle mattress through Affirm, a popular “buy now, pay later” solution for various online stores!
This mattress brand has amassed a large following of true believers since its launch in 2014. Key to Casper’s success is their 100-day risk-free trial that many other mattress makers have started to emulate. If you aren’t sure whether a mattress is right for you, try out a Casper- if you don’t like it, you can return it without any hassles!
Similar to Tuft and Needle, Casper mattresses match up well against luxury brands in terms of quality but not price. The least expensive Casper mattress, the Element, costs just $600. Their most expensive mattress is the Wave Foam that’ll set you back about $2,600. The most popular Casper, the Original, is available in either a memory foam or hybrid configuration and costs between $1,100 and $1,300.
Casper mattresses are by no means cheap, but their value becomes clear when compared to other brands offering the same quality. The amount of comfort you get in a $1,100 Casper is comparable to an $1,800 Sealy; their Wave Hybrid, while still expensive, is a great alternative to a $4,000 mattress from an ultra-premium brand like Stearns & Foster.
Sleep Number is like a category in itself. These beds are made of memory foam but have a layer of air chambers. The air chambers can be inflated and deflated at the touch of a button and provide an ultra-luxurious, “custom-fit” sleeping experience.
Sleep Number is an expensive brand through and through. Their least expensive model is $1,000 and their most expensive mattress costs $5,000! If you have a taste for luxury, or just want to make a serious investment in your sleep quality, Sleep Number might be right for you.
Similar to Sealy, BeautyRest is another older brand that has a long-standing reputation for quality. This brand’s mattresses are a bit less expensive than other premium brands but don’t offer the same kind of value for the money as Casper or Tuft & Needle. If you’re looking for a trusted brand and a fair price, though, Beautyrest is a great choice!
The price range for Beautyrest mattresses, whether they’re memory foam, innerspring, or hybrid, runs between $800 and $2,100. These mattresses come with a 10-year limited warranty and are made of premium materials, so you know you’ll always get your money’s worth!
In business for over 40 years, Classic Brands is one of the only cheap mattress brands that is actually worth considering. Whereas many cheap mattresses simply aren’t worth even the small price you pay for them, Classic Brands often goes toe-to-toe with the middle-tier and premium brands we’ve discussed so far.
The least expensive Classic Brands mattresses can be in your home for as little as $150- that option would be a simple but comfortable 6-inch mattress. For a more comfortable mattress that truly competes with the luxury brands, you can get one of Classic Brands’ most comfortable models at a still-reasonable price range of $700-$1,100. For anyone who wants to upgrade to a much more comfortable mattress but lacks a luxury budget, Classic Brands is the best choice!
Why are Mattresses so Expensive?
The best way to answer this question is by looking at things from the perspective of the manufacturer. The nature of mattresses means that it’s very hard to make a decent mattress at a low price. They are large, heavy, and require expensive materials to be made properly.
On top of that, the manufacturer has to provide a competitive warranty and price around the fact that mattresses last a long time. All of these things mean that mattress manufacturers need to charge a high price to remain profitable.
How Much to Spend on a Mattress
There is no set number that will guarantee you get a great mattress without over-paying. The best way to decide how much you should spend on a mattress is by taking an honest look at your finances and asking yourself, “how much can I afford?”.
Buying a mattress is an investment in the quality of your sleep and therefore an investment in the overall quality of your life. It’s the most important piece of furniture in your home and one of the most important purchases you’ll make. Poor sleep and chronic pain affect millions of seniors, and both problems can be (somewhat) solved by the right mattress.
So, rather than trying to see how much you can save on a mattress, you should be thinking about how much you can spend. The importance of your mattress is hard to overstate- do your best to find one that’s perfect for you!
Pros & Cons of Buying Online vs In-Store
Buying a Mattress Online
Buying a Mattress in a Store
Tips for Getting the Best Deal on a Mattress
In the past, your choices for mattresses were relatively few. There weren’t many brands, and you largely had to rely on the local stores to find them. Today, there are many different ways to buy a mattress, and you’ve never had more options. So, take full advantage of the internet and different physical stores to search out the mattress that truly fits you best
Negotiate in Physical Stores
If you’ve elected to get your new mattress in a physical store, do your best to negotiate a good price. The salesperson gets a commission from the sale, so they’re incentivized to charge the highest price they can. Just like at a car dealership, a confident approach can result in some decent savings!
Consider Financing Options
There are many different options you have for financing a new mattress. Amazon offers a credit plan, there are “Buy Now, Pay Later” options from third-party companies like Affirm, and even layaway options at certain places. Each method of financing comes with different drawbacks (such as different interest rates), but the main benefit is that you don’t have to spend that $1,800 all at once!
Getting a new mattress is an investment, to be sure. Sometimes, you can find a good mattress for less than $500, but most of the time you’ll be spending more. The price difference in mattresses is mostly due to the type, thickness, and brand of mattress you’re looking at. With a bit of diligence and research, though, you can virtually guarantee that your new mattress will be ideal for you! What mattress type or brand are you most interested in? Let us know in the comments section below!