Dataset Overview

This dataset is a simulated dataset containing 1,000 entries of construction cost estimates. It is designed for use in predictive modeling, machine learning, and business analytics, particularly in the construction and project management domains. The dataset includes both numerical and textual data, providing opportunities for hybrid modeling approaches that combine structured data and natural language processing.

The primary objective of this dataset is to facilitate modeling of construction cost estimation while considering policy-driven adjustments (discounts or markups). It can be used to analyze and predict how various factors, such as material costs, labor costs, and policy reasons, affect final project estimates.

Feature Descriptions

1) Material_Cost (numeric):

• Represents the cost of materials required for a construction project, measured in USD.
• Range: $10,000–$50,000.
• This is one of the primary cost components in project estimation.

2) Labor_Cost (numeric):

• Represents the labor cost involved in completing the project, measured in USD.
• Range: $5,000–$30,000.
• Indicates the cost of human resources required for the construction.

3) Profit_Rate (numeric):

• Represents the percentage of profit added to the combined material and labor costs.
• Range: 10%–30% (5 distinct values: 10%, 15%, 20%, 25%, 30%).
• Reflects the margin a company expects from the project.

4) Discount_or_Markup (numeric):

• Represents the adjustment amount applied to the project cost, measured in USD.
• Range: -$10,000 to $10,000.
• A negative value indicates a discount, and a positive value indicates a markup, based on the

5) Policy_Reason (text):

• A textual explanation (up to 50 words) justifying the discount or markup applied to the cost. Examples include: "This client is new but has potential for growth." "The client is a repeat customer, deserving a loyalty discount." "Strategic importance of this client justifies special pricing." This feature is ideal for natural language processing (NLP) applications.

6) Total_Estimate (numeric): - The final estimated project cost, calculated as:

    (Material_Cost + Labor_Cost) × (1 + Profit_Rate/100) + Discount_or_Markup

• Represents the overall cost of the project after including the profit margin and any adjustments

Graph and download economic data for Producer Price Index by Industry: Building Material and Supplies Dealers (PCU44414441) from Dec 2003 to Sep 2025 about dealers, materials, supplies, buildings, PPI, industry, inflation, price index, indexes, price, and USA.

Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in the first half of 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.

The prices of many construction materials in the United Kingdom kept increasing in 2024, but more moderately than in previous years. There were also several building materials whose prices fell that year. One of the most extreme examples was the price of flexible plastic pipes and fittings, which rose by over ** percent that year. The price of a couple steel products fell by over ** percent that year. In late 2024, copper-based products were among the building materials with the highest price increases in the U.S.

The production price index (PPI) for construction materials and components in the United States decreased slightly in 2024. Up until 2020, construction prices had been rising fairly steadily. However, in the years after that construction producer prices have been very unstable. Production price index A PPI of *** in 2022, indicates that the real-world price has risen by *** percent in comparison to the base year - 1982 in this case. Similarly, under the same baseline, the PPI for construction machinery and equipment has also risen steadily until 2018. Like all prices, there are regional differences within the United States. The PPI acts as a measurement for the average changes in prices that domestic producers receive for their output. In the United States, the PPI is one of the oldest continuous statistical datasets published by the government. Common construction materials Some building materials are essential to construction work, and the decision on which to use is important for the life and the endurance of the building. Materials such as cement, steel, and sand are essential to many construction projects. The production of cement is tightly linked to the demand that comes from the construction industry. The durability and potency of steel gives it an advantage over wood and concrete, providing buildings with a higher resistance but a cheaper price tag. Sand is commonly used in buildings, but it is especially common in roads that require stones of various grades and granulation.

Graph and download economic data for Producer Price Index by Commodity: Special Indexes: Construction Materials (WPUSI012011) from Jan 1947 to Aug 2025 about materials, construction, commodities, PPI, inflation, price index, indexes, price, and USA.

This dataset contains the indices of UK hourly Construction Wage Costs (quarterly; not seasonally adjusted; 2000 = 100) and UK Construction Material Prices for New Housing, Other New Work, Repair and Maintenance, and All Work (monthly; 2010 = 100).

Explore the average prices of construction materials in Saudi Arabia including ton, ready-mixed concrete, cement, iron, timber, cabling, and more. Stay informed on the latest prices of goods for construction projects.

Ton, Ready-mixed concrete, Cement, Iron, M, Timber, Cabling, M3, Bag(50)kg, Price, Goods, construction, Average Prices of Goods and Services

Saudi ArabiaFollow data.kapsarc.org for timely data to advance energy economics research..

This statistic displays the prices for construction materials in the United States as of *************, broken down by type. The average price for Portland cement amounted to about ****** U.S. dollars per metric ton.

This table contains 10 series, with data for years 1981 - 1990 (not all combinations necessarily have data for all years), and was last released on 2007-04-13. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Residential status (2 items: Residential; Non-residential ...), Type of materials (5 items: Total materials; Structural materials; Architectural materials; Mechanical materials ...).

The index relates to costs ruling on the first day of each month. NATIONAL HOUSE CONSTRUCTION COST INDEX; Up until October 2006 it was known as the National House Building Index Oct 2000 data; The index since October, 2000, includes the first phase of an agreement following a review of rates of pay and grading structures for the Construction Industry and the first phase increase under the PPF. April, May and June 2001; Figures revised in July 2001due to 2% PPF Revised Terms. March 2002; The drop in the March 2002 figure is due to a decrease in the rate of PRSI from 12% to 10¾% with effect from 1 March 2002. The index from April 2002 excludes the one-off lump sum payment equal to 1% of basic pay on 1 April 2002 under the PPF. April, May, June 2003; Figures revised in August'03 due to the backdated increase of 3% from 1April 2003 under the National Partnership Agreement 'Sustaining Progress'. The increases in April and October 2006 index are due to Social Partnership Agreement "Towards 2016". March 2011; The drop in the March 2011 figure is due to a 7.5% decrease in labour costs. Methodology in producing the Index Prior to October 2006: The index relates solely to labour and material costs which should normally not exceed 65% of the total price of a house. It does not include items such as overheads, profit, interest charges, land development etc. The House Building Cost Index monitors labour costs in the construction industry and the cost of building materials. It does not include items such as overheads, profit, interest charges or land development. The labour costs include insurance cover and the building material costs include V.A.T. Coverage: The type of construction covered is a typical 3 bed-roomed, 2 level local authority house and the index is applied on a national basis. Data Collection: The labour costs are based on agreed labour rates, allowances etc. The building material prices are collected at the beginning of each month from the same suppliers for the same representative basket. Calculation: Labour and material costs for the construction of a typical 3 bed-roomed house are weighted together to produce the index. Post October 2006: The name change from the House Building Cost Index to the House Construction Cost Index was introduced in October 2006 when the method of assessing the materials sub-index was changed from pricing a basket of materials (representative of a typical 2 storey 3 bedroomed local authority house) to the CSO Table 3 Wholesale Price Index. The new Index does maintains continuity with the old HBCI. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Oct 2008 data; Decrease due to a fall in the Oct Wholesale Price Index.

Building construction price indexes (BCPI), percent change, by type of building and construction division. Quarterly data are available from the first quarter of 1982. The table presents quarter-over-quarter and year-over-year percentage changes for various aggregation levels. The base period for the index is (2017=100).

As of August 2025, the monthly price index for construction materials in Japan stood at ***** points. This represented an increase of *** index points compared to the previous month.

Construction Output Price Indices (OPIs) from January 2014 to September 2025, UK. Summary

View monthly updates and historical trends for US Producer Price Index: Materials for Construction. from United States. Source: Bureau of Labor Statistics…

Material costs for new non-residential construction in the United Kingdom grew by almost ** percent between 2015 and June 2022. The annual average prices of construction materials used for repairs, new housing, and other new construction work increased at a similar pace during that period. By June 2022, the aggregate prices of materials soared for all types of construction work.

Italy - Construction cost index was EUR104.80 points in June of 2019, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Construction cost index - last updated from the EUROSTAT on December of 2025. Historically, Italy - Construction cost index reached a record high of EUR104.80 points in June of 2019 and a record low of EUR70.00 points in March of 1995.

Saudi Arabia Construction Materials Price: Average: Cement: Black: Local data was reported at 15.840 SAR/50 kg in Mar 2025. This records an increase from the previous number of 15.750 SAR/50 kg for Feb 2025. Saudi Arabia Construction Materials Price: Average: Cement: Black: Local data is updated monthly, averaging 14.460 SAR/50 kg from Jan 2009 (Median) to Mar 2025, with 195 observations. The data reached an all-time high of 16.210 SAR/50 kg in Mar 2012 and a record low of 11.810 SAR/50 kg in Oct 2018. Saudi Arabia Construction Materials Price: Average: Cement: Black: Local data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.EA006: Average Construction Materials Price.

Graph and download economic data for Producer Price Index by Industry: Lumber and Other Construction Materials Merchant Wholesalers: Lumber and Other Construction Material Wholesaler Services (PCU4233004233001) from Feb 2009 to Aug 2025 about merchant, wholesale, wood, materials, construction, services, PPI, industry, price index, indexes, price, and USA.

Mexico PPI: Construction: Material data was reported at 182.740 Dec2003=100 in Jun 2012. This records an increase from the previous number of 181.919 Dec2003=100 for May 2012. Mexico PPI: Construction: Material data is updated monthly, averaging 137.595 Dec2003=100 from Jan 2003 (Median) to Jun 2012, with 114 observations. The data reached an all-time high of 182.740 Dec2003=100 in Jun 2012 and a record low of 0.000 Dec2003=100 in Nov 2003. Mexico PPI: Construction: Material data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.I024: Producer Price Index: Construction: 2003=100.