Yesterday I took a field trip to check out some "tilewood". If you're from the Northeast like myself hardwood floors reign supreme, but here in Florida where homes are built on concrete slabs options are a bit more limited. Tile with a faux wood finish is gaining in popularity for its stylish look and great durability. The cost per sq ft of the material is cheaper than real wood and there is no worrying about water damage, refinishing, and maintaining the floors. Installation costs vary mostly based on the size of the tile, the larger the tile, the more difficult it is to lay it due to imperfections in the levelness of floors.
Tile Outlets of America on Hillsborough Avenue here in Tampa, FL is my goto for all things tile. HUGE selection, great prices and great service. While Home Depot and Lowes tend to have an okay selection of flooring, your local tile warehouse will probably have triple the options and a lot more experience because they specialize in it.