It depends. If your cabinets are in good condition and you just want to change the color, then refinishing is cheaper. But if your cabinets are damaged or need to be replaced, then it's cheaper to replace them.

It depends on the condition of your cabinets, the type of refinish or replacement you're looking for, and how handy you are. Generally, refinishing is cheaper than replacement, but it also depends on the quality and type of materials used for each option. If you're not very handy, replacing may be a better option, since it usually involves less labor.