Adding an electric fireplace (that throws off heat) can be a budget friendly way to get that cozy vibe going in your living room (or bedroom). Here’s how the budget shook out on this one: 60” insert $759 60” Mantle $349 (added stain/seal I had on hand) Materials such as shiplap, paint, caulk, etc $656 Labor $2020 You could do this yourself at less than half the cost. I added a 65” frame tv. #LTKunder100