Typical Costs by SF/by Location

This construction market analysis includes detailed information on residential, commercial, healthcare, primary and secondary education, higher education, public and community facilities, and parking structures.

U.S. Cost per Square Foot of Gross Floor Area 2021 NOTES:

a. Costs represent current construction costs only. Land acquisition, professional fees, permits, FF&E and soft costs are not included. b. Costs are for complete structure shell and interior build-out to five feet out and excludes sitework. c. Costs represent typical specifications for the location identified, and do not account for unique site conditions. d. Cost represents projects built within city limits. Projects buiild in regions adjacent to the municipality may cost less.

Single Family Detached-Medium Quality

Apartment/Condominium-Mid Rise

Neighborhood Strip Center

Warehouse/Manufacturing

Warehouse-Regional Distribution

Warehouse-Light Industrial

Manufacturing-Tech Laboratory

Medical Office Building

Primary & Secondary Education

Public/Community Facilities

Gov't Adminstrative Buildings

Museum/Performing Arts

Recreation/Gymnasium San Francisco Los Angeles San Diego Las Vegas Seattle Portland Honolulu Denver Chicago Nashville Atlanta Dallas

High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) Miami Orlando Washington, DC Philadelphia New York Boston Raleigh-Durham

High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF) High (US$/ SF) Low (US$/ SF)

$386 $322 $241 $65 $246 $139 $223 $116 $310 $258 $294 $245 $355 $296 $383 $115 $353 $294 $258 $215 $234 $195 $228 $190 $225 $187 $230 $192 $276 $230 $304 $254 $396 $330 $337 $281 $222 $186

$584 $449 $529 $294 $503 $273 $469 $361 $469 $361 $445 $343 $537 $413 $314 $133 $534 $411 $390 $300 $394 $303 $383 $295 $378 $291 $387 $297 $418 $322 $512 $393 $859 $461 $510 $392 $373 $288

$437 $364 $395 $327 $381 $314 $350 $292 $350 $292 $333 $277 $401 $335 $203 $135 $399 $332 $291 $243 $294 $245 $287 $239 $282 $235 $289 $241 $313 $260 $382 $319 $448 $373 $381 $318 $279 $233

$870 $726 $567 $371 $466 $359 $698 $582 $629 $501 $597 $476 $600 $500 $293 $216 $795 $663 $580 $484 $586 $489 $571 $476 $563 $469 $576 $480 $623 $519 $762 $635 $892 $744 $760 $634 $557 $465

$1,001 $833 $688 $458 $678 $430 $803 $669 $696 $561 $661 $533 $690 $574 $485 $345 $914 $761 $667 $556 $674 $561 $657 $547 $647 $539 $662 $551 $716 $596 $876 $729 $1,026 $854 $874 $728 $641 $533

$449 $375 $298 $165 $294 $163 $361 $301 $361 $301 $343 $286 $413 $345 $309 $258 $411 $343 $300 $250 $303 $253 $295 $246 $291 $242 $297 $248 $322 $268 $393 $328 $461 $384 $392 $327 $288 $240

$671 $559 $607 $397 $583 $386 $538 $449 $538 $449 $511 $426 $617 $514 $461 $384 $613 $511 $447 $373 $452 $377 $440 $367 $434 $361 $444 $370 $480 $400 $587 $489 $687 $573 $586 $488 $429 $357

$731 $555 $661 $425 $482 $348 $587 $354 $452 $376 $429 $358 $535 $459 $502 $364 $635 $483 $463 $353 $493 $333 $480 $336 $473 $350 $484 $358 $523 $436 $640 $534 $749 $625 $638 $532 $468 $317

$1,044 $761 $945 $679 $712 $456 $838 $458 $838 $591 $796 $561 $960 $691 $717 $491 $906 $648 $662 $473 $708 $480 $685 $464 $675 $455 $691 $465 $747 $516 $914 $762 $1,108 $892 $912 $760 $673 $456

$315 $225 $285 $203 $273 $194 $253 $180 $253 $180 $240 $171 $289 $207 $216 $155 $288 $206 $210 $150 $212 $152 $207 $148 $204 $145 $208 $149 $225 $161 $276 $197 $323 $231 $275 $196 $202 $144

$350 $250 $317 $226 $304 $219 $281 $201 $281 $201 $267 $191 $322 $230 $240 $172 $320 $228 $233 $167 $236 $168 $230 $164 $226 $162 $232 $165 $250 $179 $306 $219 $359 $256 $306 $218 $224 $160

$874 $729 $790 $659 $755 $625 $701 $585 $701 $585 $666 $556 $803 $670 $600 $501 $798 $666 $583 $486 $589 $491 $573 $478 $565 $471 $578 $482 $625 $522 $765 $638 $895 $747 $763 $637 $559 $467

$1,433 $1,075 $1,296 $973 $1,238 $929 $977 $733 $782 $566 $743 $538 $1,455 $1,092 $729 $528 $1,113 $835 $812 $610 $821 $616 $799 $600 $787 $591 $806 $605 $1,025 $770 $1,066 $800 $1,468 $1,102 $1,251 $939 $779 $585

$734 $612 $598 $498 $571 $476 $451 $376 $493 $398 $469 $378 $1,018 $849 $429 $357 $570 $475 $416 $347 $421 $351 $410 $341 $404 $336 $413 $344 $526 $438 $547 $455 $753 $627 $641 $534 $399 $333

$918 $765 $748 $623 $714 $595 $564 $470 $663 $553 $630 $525 $1,213 $1,010 $536 $447 $713 $594 $521 $434 $526 $438 $512 $427 $505 $420 $517 $430 $657 $548 $683 $569 $941 $784 $802 $668 $500 $416

$392 $329 $410 $341 $391 $326 $291 $242 $291 $242 $276 $230 $416 $347 $249 $207 $314 $262 $229 $191 $244 $203 $238 $198 $234 $195 $240 $200 $324 $270 $317 $264 $464 $386 $395 $329 $232 $193

$431 $362 $448 $374 $428 $357 $318 $265 $318 $265 $302 $252 $455 $380 $272 $227 $344 $287 $251 $209 $267 $223 $260 $217 $256 $214 $262 $219 $355 $296 $347 $289 $508 $423 $433 $361 $253 $211

$475 $395 $493 $411 $471 $392 $350 $291 $350 $291 $332 $277 $501 $417 $299 $249 $378 $315 $276 $230 $294 $245 $286 $238 $282 $235 $288 $240 $390 $325 $382 $318 $558 $465 $476 $396 $279 $233

$742 $618 $774 $645 $739 $616 $617 $515 $617 $515 $587 $489 $707 $589 $474 $421 $703 $586 $513 $428 $518 $432 $505 $421 $497 $415 $509 $424 $612 $510 $674 $561 $876 $730 $747 $622 $493 $410

$823 $640 $962 $801 $816 $637 $853 $711 $853 $711 $811 $675 $977 $814 $687 $553 $971 $809 $709 $591 $716 $597 $698 $581 $687 $573 $704 $586 $761 $634 $931 $775 $1,090 $908 $929 $773 $680 $567

$742 $628 $799 $666 $735 $626 $638 $532 $638 $532 $606 $505 $731 $609 $493 $412 $726 $606 $530 $442 $536 $447 $522 $435 $514 $429 $526 $439 $632 $527 $696 $580 $905 $755 $772 $643 $509 $424

$411 $344 $426 $401 $407 $343 $340 $276 $340 $276 $323 $262 $390 $316 $291 $237 $388 $315 $283 $230 $286 $232 $278 $226 $274 $223 $281 $228 $337 $274 $371 $301 $483 $392 $412 $334 $272 $220

$767 $474 $759 $627 $599 $463 $673 $557 $673 $557 $640 $529 $771 $638 $576 $476 $767 $634 $560 $463 $565 $467 $551 $455 $542 $448 $555 $459 $601 $496 $735 $607 $860 $711 $733 $606 $538 $444

$1,272 $727 $1,151 $921 $1,099 $707 $1,021 $817 $1,021 $817 $970 $776 $1,169 $935 $874 $699 $1,162 $930 $848 $679 $857 $686 $835 $668 $822 $658 $842 $673 $910 $728 $1,114 $891 $1,304 $1,043 $1,111 $889 $815 $651

$546 $438 $494 $412 $490 $386 $438 $365 $438 $365 $416 $347 $502 $418 $375 $312 $499 $416 $364 $303 $368 $307 $358 $299 $353 $294 $361 $301 $391 $326 $478 $398 $559 $466 $477 $397 $350 $291

$822 $590 $718 $599 $686 $572 $637 $531 $637 $531 $605 $504 $730 $608 $545 $455 $725 $605 $530 $441 $535 $446 $521 $434 $513 $428 $525 $438 $568 $474 $695 $579 $814 $678 $693 $578 $509 $424