Here's the inspiration: a chic, Hollywood Regency inspired gray and white master bedroom. I'd estimate the cost at $4500. Which, is not BAD for a master bedroom, but who wouldn't want to get the look for less??
However, here's how I got the look for less than 1/2 price!
You can have everything you see here for $2012!
Lamps: $49.99/ea (Bouclair) Nightstands: $219.99/ea (Pier 1) Headboard: $679 (Furniture Depot) Pillows: $39.99/ea (Macy's) Ottomans: $175/ea (EuroStyle Lighting) Rug: $34.99 (Jysk) Duvet: $260 (The W Hotel Store) Sheets: $27.99 (Bed Bath Beyond) Wall Colour: Silver Fox by Benjamin Moore