Insulation Differences?

My trailer is here and I will be picking it up, probably Monday or Tuesday. I was going over my plans/ideas (again) and have a question on insulation.
At Home Depot (in Canada), the rigid pink or blue extruded/polystyrene foam insulation that many here use in their trailers, is almost 2x more then the price of Plasticspan inslulation and seems to have a slightly has a higher R value then the polystyrene type for the same thickness.
As my 6x10 trailer is small, the cost difference is not enough to worry about between the 2 types, however I wonder why people choose the blue or pink poly type of insulation and if there is any real difference when used for our purposes?
At Home Depot (in Canada), the rigid pink or blue extruded/polystyrene foam insulation that many here use in their trailers, is almost 2x more then the price of Plasticspan inslulation and seems to have a slightly has a higher R value then the polystyrene type for the same thickness.
As my 6x10 trailer is small, the cost difference is not enough to worry about between the 2 types, however I wonder why people choose the blue or pink poly type of insulation and if there is any real difference when used for our purposes?