Skip to main content

How to Save Money on a New Mattress

Published October 10, 2019

4 minute read

By Jim Greene

Considering the average person spends about a third of their life in bed, a good mattress is one of the best investments you can make. If you’re like most people, though, you’ve experienced an episode of sticker shock when looking at the price of a quality new mattress. How can some foam and some springs cost so much? A good bed is surprisingly expensive, at least if you pay the showroom price. The good news is there are many ways to lower it.

Understand the Nature of the Mattress Industry

The mattress industry is set up to make it difficult for consumers to perform direct price comparisons. Most mattress stores only keep “exclusive” products in stock. That makes it functionally impossible to travel from store to store to see who offers the best deal on a specific product. However, it’s pretty difficult to keep these types of things under wraps in the internet age. Do a bit of research ahead of time, and you’ll be able to properly compare features and prices.

First, identify the features you’re looking for in terms of size, coil count, firmness, and comfort profile. Then, search up mattresses that meet your requirements. Do a little online digging to get an idea of a price range. That information will put you in the know when you walk into your local mattress store, which is exactly the position you want to be in.

Buy Online

Purchasing your mattress from an online vendor is another excellent money-saving strategy. Physical mattress showrooms have to pay for a lot of frills and extras, like fancy lighting, decorative accessories, and sales staff. Internet-based retailers have far fewer overhead costs, enabling them to pass those savings on to you in the form of a better price. Companies like Endy (Canada only) and Casper, who deliver your mattress in a box to your front door, have exploded in popularity lately.


One advantage of shopping in person that can’t be replicated online is the opportunity to haggle. Like new and used cars, mattresses are flexibly priced. Consumers can usually negotiate a little with salespeople. It’s a fact that many people aren’t aware of. As a general rule of thumb, aim to negotiate the actual price down to about half of the retailer’s listed MSRP. Mattresses carry some of the most generous profit margins of any consumer product on the market. Vendors will still earn healthy profits even after giving you a steep “discount.”

Angle for Free Add-Ons

If you’ve hit a wall in your price negotiations, or if the mattress you want is already on sale for the retailer’s best price, you may be able to score yourself some freebies or bargains in other areas. For example, you could ask the salesperson to throw in a free box spring or bed frame in order to close the deal immediately. You might also be able to talk them into free delivery, free bedding, or free pickup and removal of the bed you’re not using anymore. It doesn’t hurt to ask. The worst thing they can say is “no.”

Buy The Mattress, Not The Box Spring

If you’re planning to buy a new bed that’s the same size as your current one, you can also save yourself some cash by buying the mattress by itself and skipping the box spring. Really, box springs are little more than pieces of plywood nailed together in a frame anyway. Your old one is pretty much as functional as the new one, at least if its wood is structurally intact.

The one exception to this tip applies to memory foam mattresses. They actually have specific support requirements in the form of slats that are separated by no more than four inches. If your current box spring doesn’t fit that profile, you’ll need to buy a new one. However, you can always haggle and negotiate on the price of that too.

Don’t Pay Extra for Fancy Cover Materials

The lone source of a mattress’s quality is found on the inside, not the outside. Don’t be fooled by exotic or luxurious cover materials. They don’t actually add much in the way of value to your mattress. They also didn’t contribute much to its manufacturing cost. In most cases, these bells and whistles simply act as justification for higher sale prices.

Armed with that knowledge, you can negotiate the price of your new mattress down or research alternatives. Choose a mattress with similar functionality but less in the way of shallow surface glitz. If you really want to improve the look and feel of your mattress, you can buy a slip cover after the fact for a fraction of what you would pay for the privilege of an overpriced built-in option.

Limit Your Budget When Shopping For Kids

Mattresses for toddlers and children are smaller and thinner. That means they should be significantly less expensive. Many insiders even say you shouldn’t spend more than a couple hundred dollars on a child’s bed. However, don’t skimp on safety needs, especially for your child’s first real bed. Make sure it has security features that make it effectively impossible for your toddler to accidentally roll or fall out. Of course, that’s more about the bed frame itself than the mattress.

Wrapping It Up: Read the Warranty and Sleep Easy

Some mattresses, especially those sourced from questionable vendors, may have had their warranties invalidated. Some don’t actually offer much in the way of consumer protections. That’s you should always read and understand all the terms and conditions attached to the warranty before you buy. It’s also worth noting the retailer’s refund and exchange policies.

If you’re dealing with an online vendor, insist on getting these policies in writing so you have more legal leverage in the event of a dispute. Along similar lines, you should always ask about consumer protections for accidents and errors made during the delivery process, since you shouldn’t be on the hook for mistakes made by a delivery person.

Jim Greene


Jim Greene is a freelance writer based in the Toronto, Canada area. He has been writing professionally since 2001 and has an extensive professional background in consumer research, personal finance and economics.

Explore Save Money

Young couple worried about finances Save Money

How To Tell If Your Retirement Is In Jeopardy

One of the most common financial concerns for adults these days is retirement. It comes up over and over again. For anyone concerned about money, retirement is a very big problem to confront. Current (and future) generations of working-aged Americans aren’t exactly fairing well, when it comes to retirement savings. Some studies have shown that […]

Read More about Post Title

7 minute read

young woman running on a trail Save Money

How To Get In Shape On a Budget

I can’t remember which comedian it was who said it, but I remember the line vividly. They were poking fun at the health of Americans, lambasting the way they pay for gym memberships only to drive their cars to get there, find the closest parking spot to the entrance, and then take the escalator up […]

Read More about Post Title

8 minute read

Woman at Farmers' Market Save Money

How To Save Money Shopping At The Farmers’ Market

Buying from a road-side produce stand or a locals farmer’s market is an amazing experience. They are some of the best options for getting fresh (and often organic) fruit, vegetables, meats, and other products, while still supporting local farmers. Farmers’ Markets are certainly a better choice for fresh, high-quality, in-season produce. The prices there are […]

Read More about Post Title

7 minute read

Save Money

Hidden Benefits of a Costco Membership

A Costco membership can do a lot more than help you stretch your grocery budget. A membership at Costco comes with many perks, some of which you might not even be aware of. Take a look around a Costco outlet and you’ll see that deals and discounts can be found everywhere. If you’re trying to […]

Read More about Post Title

6 minute read

Cash, Coins & Calendar Save Money

How To Negotiate Lower Monthly Bills

With unemployment at record highs and job security often unstable, you might find yourself strapped for cash. One potential solution is to lower your monthly bills. We’re not just talking about cancelling services either. It is actually possible to negotiate with some companies for lower rates. While it won’t be easy, it’s possible to negotiate […]

Read More about Post Title

5 minute read

See All In Save Money

More from WalletGenius


How To Plan Your 2021 Christmas Budget

As much as I love gift-giving and the holiday season in general, I often find that it sneaks up on me. If you’re anything like me, you often find yourself in mid-December scrambling to get presents bought, wrapped, and even mailed. That last minute scramble often means paying more for gifts than you intended, since […]

Read More about Post Title

7 minute read

Financial Advice

How To Avoid Paying These Hidden Fees

One of my good friends is a financial planner. He recently told me something very interesting about hidden fees. He basically said that his income comes from the fees that he charges his clients. They are typically based on a percentage of the client’s assets. That means that every quarter (or annually), those fees are […]

Read More about Post Title

8 minute read

Financial Advice

How Do You Justify Your Debt?

Most of us are well aware how debt works. We know we shouldn’t buy things that we can’t afford. Instead, we know we’re supposed to save up for major purchases. It’s just smart financial sense to not make a bunch of purchases that drive up your debt. However, when it all comes right down to […]

Read More about Post Title

8 minute read

Woman stressed from overworking Financial Advice

Are You Actually Working Too Much?

Our society just idolizes “more” for some reason. We often talk about the mentality of “keeping up with the Joneses” in the context of material possessions often. However, I’ve noticed lately that people are just as impressed with those who seem to be “doing” more — and no, not doing more at work. We also […]

Read More about Post Title

8 minute read

Woman working on her finances Financial Advice

Easy Ways to Simplify Your Finances

“Life is really simple, but we insist on making it complicated.” – Confucius Personal finance is surprisingly simple. Live below your means. Invest for the long term. Keep at it. Prosper. Yet, we instinctively want to complicate the process because we can’t trust that something so important can be so simple. I mean, how can […]

Read More about Post Title

7 minute read

Flipping Houses Home Ownership

How to Start Flipping Houses (And Actually Make Money)

House-flipping is often portrayed as a foolproof path to quick riches. While this inaccuracy can create unrealistic expectations, flipping houses can definitely be profitable if you do it right. And that’s the trick: the people most successful at flipping houses are generally the most experienced. That said, they all started somewhere. There’s nothing like completing […]

Read More about Post Title

6 minute read

TSP Loans Loans

TSP Loan: Everything You Need To Know

TSP loans are specialized loans designed for employees of the United States federal government. They offer federal employees access to a unique loan class that uses their retirement plans to finance their borrowing needs. Financial advisors often liken them to the 401(k) loans available to members of the general public. Yet, TSP loans differ from […]

Read More about Post Title

5 minute read

Trusted provider of accurate rates & financial information