Beruflich Dokumente
Kultur Dokumente
125
90
07
13
14
08
09
10
11
12
15
16
17
18
20
20
20
20
20
20
20
20
20
20
20
20
140
135
130
125
120
115
110
US CONSUMER PRICE INDEX
105
100
95
90
11
17
14
15
12
13
16
18
10
07
9
0
20
20
20
20
20
20
20
20
20
20
20
20
ENR CCI ENR BCI RIDER LEVETT BUCKNALL TURNER BUILDING COST INDEX
200
186
172
US CONSUMER PRICE INDEX
158
144
130
116
102
88
74
60
11
17
14
12
13
15
16
18
10
07
9
0
20
20
20
20
20
20
20
20
20
20
20
20
NEW YORK
OFFICE CONSTRUCTION
LONDON
HONG KONG
SYDNEY
New York City is still the most SINGAPORE
expensive U.S. city in which to build. BEIJING
DUBAI
Compared to other major cities, New SHANGHAI
BERLIN
York’s construction costs for Class A $0 $ 100 $ 200 $ 300 $ 400 $ 500 $ 600
RETAIL CONSTRUCTION
NEW YORK
WASHINGTON DC
BOSTON
In terms of retail construction, the greatest
CHICAGO price differential currently exists in Berlin
SAN FRANSISCO and Dubai, where New York costs per square
LOS ANGELES foot are more than 250 percent higher. Much
DENVER depends, however, on the type of retail that’s
$ 500 $ 300 $0
being built – whether it is sting malls, big-
HOTEL CONSTRUCTION box or integrated into mix-use buildings like
NEW YORK in New York. New York’s costs currently
WASHINGTON DC
H appear to be lower than London’s and more
BOSTON O
T
E
L comparable to those in Los Angeles and Hong
CHICAGO
SAN FRANSISCO
Kong.
LOS ANGELES
DENVER With regard to hotel construction, less
$ 800 $ 300 $0 of a cost differential exists among global
cities. New York is less comparable to Asian
MUTLI-FAMILY RESIDENTIAL
cities like Shanghai and Beijing and more
CONSTRUCTION comparable with other major U.S. cities like
NEW YORK
WASHINGTON DC Chicago and San Francisco.
BOSTON
CHICAGO
SAN FRANSISCO
LOS ANGELES
DENVER
$ 500 $ 300 $0
7
SOURCES
The cost indices used by the Building Congress are cement priced locally and 1,088 board ft of 2x4 lumber
produced by ENR, Rider Levett Bucknall (RLB), priced locally. Compared to ENR Construction Cost
Turner, and the Bureau of Labor Statistics. Each index Index, the Building Cost Index is more applicable for
examines changes in costs of construction over time. structures.
Taken together or individually, these indices do not
capture all the factors influencing project costs. They Rider Levett Bucknall’s Comparative Cost Index
only offer a snapshot of general cost trends. tracks the ‘true’ bid cost of construction, which
includes, in addition to costs of labor and materials,
ENR Construction Cost Index measures how general contractor and sub-contractor overhead costs
much it costs to purchase the following hypothetical and fees (profit). The index also includes applicable
package of goods: 200 hours of common labor, sales/use taxes that ‘standard’ construction contracts
multiplied by the 20-city average rate for wages attract. Values of U.S. locations represent hard
and fringe benefits, 25 cwt of fabricated standard construction costs based on U.S. dollars per square
structural steel at the 20-city average price, 1.128 foot of gross floor area
tons of bulk Portland cement priced locally and 1,088
board ft of 2x4 lumber priced locally. Compared to Turner’s Construction Cost Index measures costs
the ENR Building Cost Index, the Construction Cost in the non-residential building construction market
Index is more applicable where labor costs are a high in the United States and is determined by several
proportion of total costs. factors considered on a nationwide basis, including
labor rates and productivity, material prices and the
ENR Building Cost Index measures how much it competitive condition of the marketplace.
costs to purchase the following hypothetical package
of goods: 68.38 hours of skilled labor, multiplied by U.S. Bureau of Labor Statistics’ Consumer Price
the 20-city wage- fringe average for three trades– Index (CPI) is a measure of the average change over
bricklayers, carpenters and structural ironworkers, time in the prices paid by urban consumers for a
25 cwt of fabricated standard structural steel at the market basket of consumer goods and services.
20-city average price, 1.128 tons of bulk Portland