Generally, ceramic tile that looks like wood is less expensive than hardwood flooring. Like most things, there is always a range in pricing. You can expect to pay about $1.89 per square foot to just under $7 per square foot. It is always a good idea to purchase a little more tiling than you need in case of errors or accidents.
Since ceramic tile that looks like wood has only recently begun to gain popularity, it's a good idea to shop around. While some large home improvement retailers carry tiles that look like wood, you may find more choices online.
Cost will also depend on if you are laying the tile yourself or having it installed. If you are laying the tile yourself, you will have to figure in the cost of adhesive and/or grout (if you are tiling a kitchen or bathroom). Also, if a tile becomes chipped, it is possible to lift the tile and replace it, which is much harder to do with wood flooring. So costs of any needed repairs would likely be far less.