BMiller
Start by pricing them at HD to have that data. Find out if you can obtain any used or free or on sale, after all, this is just a foundation for the layout and will not be seen. Then, YOU have to do studying and make a chart of advantaged and disadvantages of each including your experiences as to working with each. Then, make an informed decision on which way to go. Do not over think this as other things are much more important like track plan, operation details wanted, control system, train gear you want to operate, etc.
I know many others will have lots of suggestions as to their favorites which should help learn about the choices.
I used some free 3/4 inch thick Bagasse board, which a particle board made from sugar cane residue in Jamaica, as I knew the plant manager who offered it to me. For the expansion in the states, I used cheap grade HD 1/2 inch plywood that was noisier and I installed truck inner tube rubber pads under the ties cut down the noise.
Charlie