Setting a kitchen budget is one of the most important steps in the renovation process. But it’s also one of the hardest to get right. Guess too low and you’ll be disappointed. Go too high and you might overspend on things you don’t actually need.

Mark Bruce, Operations Manager at Kitchen Studio, says having a clear, realistic budget early on makes the whole process smoother. It helps you focus on what matters, avoid stress later, and make confident design choices as you go.

1. Don’t start with a number you made up
A lot of people base their budget on what they spent on their kitchen renovation 10 or 20 years ago. But prices have changed. So have the options. Before you commit to a number, visit a showroom, look at different kitchens and see how far your money really goes. A $25,000 kitchen and an $80,000 kitchen can look similar in photos but feel very different in person.

2. Be honest about what matters to you
A good kitchen budget reflects your lifestyle. If you cook every night, prioritise high-use areas like benchtops, appliances and storage. If your kitchen is mostly for quick meals and family hangouts, you might value layout, seating and ease of use more. Start with how you live, not what looks trendy.

3. Think in ranges, not exact figures
Rather than locking in a single number, give yourself a range. That allows for flexibility as you explore different finishes, materials and features. Your designer can help guide you through those choices and show you where it’s worth spending more or where you can scale back.

4. Remember, it’s all connected
Changing one thing often affects others. Upgrading to a stone benchtop might require stronger cabinetry. Choosing drawers over cupboards may change your hardware costs. That’s why your budget should be built with the whole picture in mind, not as a checklist of isolated items.

5. Your budget is your filter, not your limit
Setting a budget isn’t about restricting creativity. It’s about giving your designer the information they need to steer you towards the right solutions. When you’re clear on the range you’re working with, you can spend your money where it matters and avoid time wasted on options that don’t fit.

The bottom line
A well-planned budget gives you freedom, not limits. It lets you explore design options with confidence and make choices that suit your home and lifestyle.

Our Renovating Your Kitchen to Stay and Renovating Your Kitchen for Sale guides are packed with practical budgeting tools, planning tips and real-world advice. Join MyTrends for access to these and a full library of expert-led resources to help you plan with confidence.

Disclaimer: This article is based on a podcast featuring insights from experienced professionals and is intended for general information and inspiration only. While we aim to share valuable guidance, please seek personalised advice from qualified professionals before making decisions about your property, finances, or renovation plans.