There are several inexpensive ways to make a living room look expensive. Begin by organising and decluttering the space. Include a statement piece, such as an eye-catching rug or a one-of-a-kind piece of art. Incorporate luxurious materials into the decor, such as velvet or silk. To add depth and interest, use a variety of textures, patterns, and colours. Invest in high-quality lighting fixtures and accent lighting to draw attention to key features of the room. Finally, to bring life and freshness to the space, add some greenery or fresh flowers.