Cost comparisons per square foot in select metro markets
| Parking garage | Underground parking | Town hall | Community center | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
'01 |
'00 |
% chg. |
'01 |
'00 |
% chg. |
'01 |
'00 |
% chg. |
'01 |
'00 |
% chg. |
|
|
Atlanta |
27.40 |
26.37 |
3.9 |
42.28 |
40.09 |
5.4 |
89.81 |
88.89 |
1.0 |
86.91 |
84.58 |
2.4 |
|
Baltimore |
28.26 |
27.03 |
4.6 |
43.61 |
41.09 |
6.1 |
92.64 |
91.09 |
1.7 |
89.33 |
86.68 |
3.1 |
|
Boston |
35.36 |
34.63 |
2.1 |
54.57 |
52.64 |
3.7 |
116.95 |
116.72 |
0.2 |
111.78 |
111.06 |
0.6 |
|
Chicago |
34.26 |
32.88 |
4.2 |
52.86 |
49.98 |
5.8 |
112.29 |
110.81 |
1.3 |
108.28 |
105.44 |
2.7 |
|
Cleveland |
31.64 |
30.26 |
4.6 |
48.83 |
46.01 |
6.1 |
103.72 |
102.00 |
1.7 |
100.02 |
97.06 |
3.0 |
|
Dallas |
26.14 |
25.78 |
1.4 |
40.33 |
39.19 |
2.9 |
86.98 |
86.89 |
0.1 |
82.76 |
82.68 |
0.1 |
|
Denver |
29.27 |
27.89 |
5.0 |
45.17 |
42.40 |
6.5 |
95.96 |
93.99 |
2.1 |
92.53 |
89.44 |
3.5 |
|
Detroit |
32.66 |
31.16 |
4.8 |
50.39 |
47.36 |
6.4 |
107.05 |
105.00 |
1.9 |
103.23 |
99.92 |
3.3 |
|
Houston |
26.97 |
26.55 |
1.6 |
41.61 |
40.36 |
3.1 |
89.57 |
89.49 |
0.1 |
85.24 |
85.15 |
0.1 |
|
Kansas City |
30.75 |
29.02 |
6.0 |
47.45 |
44.11 |
7.6 |
100.80 |
97.80 |
3.1 |
97.20 |
93.06 |
4.4 |
|
Los Angeles |
33.36 |
32.55 |
2.5 |
51.48 |
49.48 |
4.0 |
110.03 |
109.71 |
0.3 |
105.46 |
104.39 |
1.0 |
|
Miami |
26.48 |
25.54 |
3.7 |
40.85 |
38.83 |
5.2 |
86.79 |
86.09 |
0.8 |
83.69 |
81.92 |
2.2 |
|
Minneapolis |
34.32 |
32.58 |
5.3 |
52.95 |
49.53 |
6.9 |
112.49 |
109.81 |
2.4 |
108.48 |
104.49 |
3.8 |
|
New Orleans |
26.35 |
25.33 |
4.0 |
40.66 |
38.51 |
5.6 |
86.39 |
85.39 |
1.2 |
83.30 |
81.25 |
2.5 |
|
New York City |
41.36 |
39.74 |
4.1 |
63.82 |
60.41 |
5.6 |
135.58 |
133.93 |
1.2 |
130.73 |
127.44 |
2.6 |
|
Philadelphia |
34.26 |
33.17 |
3.3 |
52.86 |
50.43 |
4.8 |
112.29 |
111.81 |
0.4 |
108.28 |
106.39 |
1.8 |
|
Phoenix |
27.46 |
26.58 |
3.3 |
42.37 |
40.41 |
4.9 |
90.01 |
89.59 |
0.5 |
86.80 |
85.25 |
1.8 |
|
Pittsburgh |
31.18 |
30.41 |
2.5 |
48.11 |
46.23 |
4.1 |
102.80 |
102.50 |
0.3 |
98.56 |
97.54 |
1.1 |
|
Portland |
32.81 |
31.30 |
4.8 |
50.63 |
47.59 |
6.4 |
107.55 |
105.51 |
1.9 |
103.71 |
100.39 |
3.3 |
|
St. Louis |
31.73 |
30.59 |
3.7 |
48.97 |
46.50 |
5.3 |
104.03 |
103.10 |
0.9 |
100.31 |
98.11 |
2.2 |
|
San Diego |
32.69 |
31.66 |
3.2 |
50.44 |
48.13 |
4.8 |
107.15 |
106.71 |
0.4 |
103.32 |
101.54 |
1.8 |
|
San Francisco |
37.70 |
36.77 |
2.5 |
58.17 |
55.90 |
4.1 |
124.29 |
123.92 |
0.3 |
119.17 |
117.92 |
1.1 |
|
Seattle |
32.10 |
31.24 |
2.7 |
49.54 |
47.50 |
4.3 |
105.62 |
105.31 |
0.3 |
101.48 |
100.20 |
1.3 |
|
Washington, D.C. |
29.15 |
28.42 |
2.6 |
44.98 |
43.21 |
4.1 |
96.08 |
95.80 |
0.3 |
92.15 |
91.15 |
1.1 |
|
Winston/Salem |
23.34 |
22.84 |
2.2 |
36.01 |
34.72 |
3.7 |
77.13 |
76.98 |
0.2 |
73.77 |
73.25 |
0.7 |
NOTE: Costs as shown are for the basic building and do not include: 1. sitework (site clearing and grading, utilities, paving, landscaping, site improvements); 2. land costs; 3. development costs; 4. specialty finishes or equipment. Square foot costs vary significantly from project to project due to quality, complexity and economic climate. Each project should be examined individually. 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 project costs, visit www.buildingteam.com .
