This project's cost will also be higher if you need to remove old stairs and dispose of the materials before beginning a new job. Several cost factors can affect the price, including: Interior hardwood stairs cost $4,000 on average. However, this number varies depending on the size, shape, design and materials of the project. On average, you’ll pay around $1,900 to build a new staircase or railings. Thick treads with high-quality wood can cost as much as $160. Hardwood stair treads range from $35 to $50 per stair before installation. Replacing treads or risers typically costs from $1,800 to $2,500. Individual balusters typically run from $3 to $17 before installation. Replacing balusters or spindles costs from $1,200 to $1,600 on average. Installing wrought iron railings costs $2,600 on average. Wooden handrails cost less than pricey metal options. The cost to install a stair railing is $900 on average, but can reach as high as $10,000. The price varies based on the project, materials used and the design of the project. On average, you’ll pay from $1,000 to $10,000 to replace stairs and railings. Find hiring guides, material costs, expert advice, how-to's and more.
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