Asphalt Cost Factors

Understanding what influences asphalt paving costs for better project planning

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Material Costs
30-40% of total cost
Raw materials including aggregate, bitumen, and additives
  • β€’Aggregate quality and type (crushed stone, gravel, sand)
  • β€’Bitumen/asphalt cement prices (petroleum-based)
  • β€’Additives for specific applications
  • β€’Transportation costs from plant to site
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Project Size
15-25% cost variation
Larger projects typically have lower per-square-foot costs
  • β€’Economies of scale for larger projects
  • β€’Setup and mobilization costs spread over larger area
  • β€’Bulk material discounts
  • β€’Efficient equipment utilization
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Site Preparation
20-30% of total cost
Existing conditions and preparation requirements
  • β€’Excavation and grading requirements
  • β€’Base preparation and compaction
  • β€’Drainage installation or repairs
  • β€’Removal of existing pavement
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Labor Costs
25-35% of total cost
Skilled labor for paving, compaction, and finishing
  • β€’Regional labor rate variations
  • β€’Skilled operator availability
  • β€’Project complexity requirements
  • β€’Safety and quality standards

Additional Cost Factors

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Geographic Location
Regional variations in material and labor costs
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Seasonal Timing
Peak season vs. off-season pricing
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Site Accessibility
Ease of equipment access and material delivery
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Thickness Requirements
Thicker applications require more material
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Quality Specifications
Premium mixes and finishes cost more
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Permits & Regulations
Local requirements and inspection fees

Typical Cost Ranges

Residential Driveway

$3-7 per sq ft

Key factors: Size, thickness, site prep

Commercial Parking Lot

$2-5 per sq ft

Key factors: Size economies, thickness, striping

Road Resurfacing

$1.50-4 per sq ft

Key factors: Length, traffic control, thickness

New Road Construction

$4-12 per sq ft

Key factors: Base prep, thickness, drainage

Note: Costs vary significantly by location, market conditions, and project specifics. These ranges are for general reference only.

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