Hanging paper lantern lights are the perfect decoration for the home. Paper lantern lights hang from the ceiling and give off a soft, diffused light. They provide wonderful ambient lighting and come in a variety of shapes. A lot of paper lantern lights available now are globe-shaped, but others are rectangular or other interesting shapes. While conventional decorative lights cost a lot, paper lantern lights made from paper are not that pricey. This is great news if you do not want to make a big investment in decorative lighting. In fact, they barely cost one-tenth of what other decorative lights cost. This is because the material used to create them is not costly. Bamboo and paper are cheap. LED lights of varying luminescence can also be put inside such lanterns to create a different lighting effect every time. Apart from the cost advantage, there are many other benefits of using plain or color paper lantern lights for decoration and lighting.