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Attic Remodel Cost Calculator . I would strongly recommend you hire a licensed and insured new attic insulation contractor to perform the installation for you. For a kitchen the average cost per sq ft for renovation is $150. Attic Insulation R Values Remodeling Cost Calculator from www.remodelingcalculator.org Do your best to estimate the size of the square footage that needs to be worked on. Set project zip code enter the zip code for the location where labor is hired and materials purchased. For larger electrical jobs like installing wiring or replacing an electrical panel, expect to pay $2,000 to $6,000.