Construction Costs
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Construction Costs
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Cost Component
Cost Category
Construction: Site Work
Count
5
1
Building Permit Fees
2
Impact Fee
3
Water & Sewer Fees Inspections
4
Architecture, Engineering
5
Other
6
Excavation, Foundation, Concrete, Retaining walls, and Backfill
7
Other
8
Framing (including roof)
9
Trusses (if not included above)
10
Sheathing (if not included above)
11
General Metal, Steel
12
Other
13
Exterior Wall Finish
Cost Category
Construction: Foundation
Count
2
Cost Category
Construction: Framing
Count
5
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Cost Category
2019 Avg Cost
Forecasted Cost
Increase $
Inflation %
Inflation Trend
Related Commodities
Notes
Summary
Sum
$18,324
Sum
$18,782
Sum
$458
Summary
Summary
Summary
Summary
Construction: Site Work
$5,086
$5,213
$127
2.5%
Low
Construction: Site Work
$3,865
$3,962
$97
2.5%
Low
Construction: Site Work
$4,319
$4,427
$108
2.5%
Low
Construction: Site Work
$4,335
$4,443
$108
2.5%
Low
Construction: Site Work
$719
$737
$18
2.5%
Low
Construction: Foundation
$33,511
$35,857
$2,346
7.0%
Moderate
Construction: Foundation
$1,338
$1,392
$54
4.0%
Moderate
Construction: Framing
$40,612
$46,704
$6,092
15.0%
Very High
Lumber
Construction: Framing
$6,276
$7,217
$941
15.0%
Very High
Lumber
Construction: Framing
$3,216
$3,698
$482
15.0%
Very High
Lumber
Construction: Framing
$954
$1,240
$286
30.0%
Very High
Steel
Construction: Framing
$530
$610
$80
15.0%
Very High
Construction: Exterior Finishes
$19,319
$20,865
$1,546
8.0%
Moderate
Lumber
Summary
Sum
$34,849
Sum
$37,248
Sum
$2,399
Summary
Summary
Summary
Summary
Summary
Sum
$51,588
Sum
$59,469
Sum
$7,881
Summary
Summary
Summary
Summary
43 records
Summary
Summary
Sum
$485,127
Sum
$527,460
Sum
$42,333
Summary
Summary
Summary
Summary
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Framing (including roof)
Loaded
Cost Component
Framing (including roof)
Cost Category
Construction: Framing
2019 Avg Cost
$40,612
Forecasted Cost
$46,704
Increase $
$6,092
Inflation %
15.0%
Inflation Trend
Very High
Related Commodities
Lumber
Index: End of 2019
405.30
Index: Current
475.10
% Change
17%
Notes
Random Length Lumber Futures
Notes
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