Minimum cost: $2 per square foot. Maximum cost: $3.50 per square foot. Just like any other carpet that homeowners can choose from, frieze carpets differ in price. The two major factors that affect the pricing are the cost of installation and the material out of which the frieze carpet is made.For example, polyester frieze carpet runs only about $2 a square foot.Nylon frieze carpet can cost upwards of $3.50 a square foot. If homeowners want to, they can even use Smartstrand frieze carpet that runs about $3 per square foot.Although frieze carpets are a bit more expensive than other carpet choices, it is not as expensive as a homeowner choosing hardwood floors for a home.ylon frieze carpet can cost upwards of $3.50 a square foot. If homeowners want to, they can even use Smartstrand frieze carpet that runs about $3 per square foot.