Metropolitan cost comparisons: Institutional and retail
Cost comparisons per square foot in select metro markets
Church
Movie theater
Department store, 1 story
Department store, 3 stories
'01
'00
% chg.
'01
'00
% chg.
'01
'00
% chg.
'01
'00
% chg.
Atlanta
103.31
101.41
1.9
87.94
86.12
2.1
70.79
59.87
18.2
77.65
69.58
11.6
Baltimore
105.86
103.55
2.2
90.11
87.94
2.5
72.54
61.14
18.6
79.57
71.05
12.0
Boston
133.34
131.98
1.0
113.51
112.09
1.3
91.37
77.92
17.3
100.22
90.56
10.7
Chicago
128.82
125.21
2.9
109.66
106.34
3.1
88.27
73.93
19.4
96.82
85.91
12.7
Cleveland
119.31
116.64
2.3
101.56
99.06
2.5
81.75
68.86
18.7
89.68
80.03
12.1
Dallas
98.44
98.36
0.1
83.80
83.54
0.3
67.45
58.08
16.1
73.99
67.49
9.6
Denver
110.38
107.50
2.7
93.96
91.30
2.9
75.64
63.47
19.2
82.97
73.76
12.5
Detroit
122.68
119.57
2.6
104.42
101.55
2.8
84.06
70.60
19.1
92.20
82.04
12.4
Houston
101.69
101.41
0.3
86.56
86.12
0.5
69.68
59.87
16.4
76.43
69.58
9.8
Kansas City
115.49
112.69
2.5
98.31
95.70
2.7
79.13
66.53
18.9
86.80
77.32
12.3
Los Angeles
125.57
124.08
1.2
106.89
105.38
1.4
86.04
73.26
17.5
94.38
85.14
10.9
Miami
99.25
98.25
1.0
84.49
83.44
1.3
68.01
58.01
17.2
74.60
67.42
10.7
Minneapolis
128.12
125.66
2.0
109.06
106.72
2.2
87.79
74.19
18.3
96.30
86.22
11.7
New Orleans
99.14
97.91
1.3
84.39
83.15
1.5
67.93
57.81
17.5
74.51
67.18
10.9
New York City
155.95
152.84
2.0
132.75
129.81
2.3
106.86
90.24
18.4
117.22
104.88
11.8
Philadelphia
129.17
126.56
2.1
109.95
107.49
2.3
88.51
74.73
18.4
97.09
86.84
11.8
Phoenix
103.43
101.86
1.5
88.04
86.51
1.8
70.87
60.14
17.8
77.74
69.89
11.2
Pittsburgh
117.57
116.30
1.1
100.08
98.77
1.3
80.56
68.66
17.3
88.37
79.80
10.7
Portland
123.72
121.94
1.5
105.31
103.56
1.7
84.77
71.99
17.7
92.99
83.67
11.1
St. Louis
118.96
116.86
1.8
101.27
99.25
2.0
81.52
69.00
18.1
89.42
80.19
11.5
San Diego
123.02
121.03
1.6
104.72
102.79
1.9
84.30
71.46
18.0
92.47
83.05
11.3
San Francisco
142.15
139.87
1.6
121.01
118.79
1.9
97.41
82.58
17.9
106.85
95.98
11.3
Seattle
121.05
119.79
1.1
103.04
101.74
1.3
82.95
70.73
17.3
90.98
82.20
10.7
Washington, D.C.
109.92
108.63
1.2
93.57
92.26
1.4
75.32
64.14
17.4
82.62
74.54
10.8
Winston/Salem
87.54
86.86
0.8
74.52
73.77
1.0
59.98
51.28
17.0
65.80
59.60
10.4
NOTE:
Costs are for the basic building and do not include sitework, land, development, specialty finishes or equipment. Square foot costs vary significantly from project to project because of quality, complexity and economic climate. For a detailed list of building components included in these figures, see Means Square Foot Costs. R.S. Means Co., P.O. Box 800, Kingston, MA 02364, (781) 585-7880, (800) 448-8182 For more data, visit R.S. Means on the Web at www.rsmeans.com.
To use an interactive tool that helps estimate costs, visit www.buildingteam.com.
