Wool rugs age exceptionally, but once the natural coil of the fiber begins to break down, the pile eventually wears away. We still think it's worth the investment, however, since wool rugs have a lifespan of 50 years or more. To compare, synthetic rugs have a lifespan of three to five years, but they have other advantages. Since wool rugs are resilient, they work great in parts of your home that see a good amount of foot traffic.