In early 2024, construction costs for elementary schools in Honolulu were on average over 697.5 U.S. dollars per square foot. From the 12 cities on display here, New York and Honolulu had some of the highest construction costs for educational buildings. The construction of one square foot of elementary school space was cheapest in Phoenix. University buildings were on average the most expensive type of educational building.

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.

Brazil Construction Cost data was reported at 1,818.640 BRL/sq m in Apr 2025. This records an increase from the previous number of 1,810.250 BRL/sq m for Mar 2025. Brazil Construction Cost data is updated monthly, averaging 854.130 BRL/sq m from Mar 1986 (Median) to Apr 2025, with 470 observations. The data reached an all-time high of 14,030,088.660 BRL/sq m in Jul 1993 and a record low of 187.160 BRL/sq m in Jan 1989. Brazil Construction Cost data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Global Database’s Brazil – Table BR.EA004: Construction Cost: Average: by Region and State. Average costs at the level of Federation Units: Costs are estimated by the weighted average of the costs of residential projects with a normal finishing standard; For this calculation, the weight (relative importance) of each project is considered in the most populous municipality of each geographic area.

Total dollar value and number of projects either in review, pending construction, in construction, or in closure aggregated into California counties, once every two weeks since September 2013. A construction project moves through the Department of Health Care Access and Information (HCAI) in four stages - In Review; Pending Construction Start; Under Construction; and In Closure. A project can only be in one of these four stages at any time. Additional data when available will be added to this dataset approximately once every two weeks.

The average building construction cost per square meter in Brazil in 2024 was over twice higher than in 2013. These figures take into account the basic costs of building construction, including materials, personnel, equipment, and administration. In 2024, the construction of a building cost on average 2,129 Brazilian reals per square meter. That year, labor costs in Brazil were the main contributor to construction costs.

Construction Cost: State: Sao Paulo data was reported at 1,914.970 BRL/sq m in Apr 2025. This records an increase from the previous number of 1,914.580 BRL/sq m for Mar 2025. Construction Cost: State: Sao Paulo data is updated monthly, averaging 921.950 BRL/sq m from Mar 1986 (Median) to Apr 2025, with 470 observations. The data reached an all-time high of 15,096,935.700 BRL/sq m in Jul 1993 and a record low of 205.080 BRL/sq m in Jan 1989. Construction Cost: State: Sao Paulo data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Global Database’s Brazil – Table BR.EA004: Construction Cost: Average: by Region and State. Average costs at the level of Federation Units: Costs are estimated by the weighted average of the costs of residential projects with a normal finishing standard; For this calculation, the weight (relative importance) of each project is considered in the most populous municipality of each geographic area.

Construction Cost: State: Rio de Janeiro data was reported at 2,003.330 BRL/sq m in Apr 2025. This records an increase from the previous number of 1,979.120 BRL/sq m for Mar 2025. Construction Cost: State: Rio de Janeiro data is updated monthly, averaging 965.380 BRL/sq m from Mar 1986 (Median) to Apr 2025, with 470 observations. The data reached an all-time high of 14,500,195.570 BRL/sq m in Jul 1993 and a record low of 192.240 BRL/sq m in Jan 1989. Construction Cost: State: Rio de Janeiro data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Global Database’s Brazil – Table BR.EA004: Construction Cost: Average: by Region and State. Average costs at the level of Federation Units: Costs are estimated by the weighted average of the costs of residential projects with a normal finishing standard; For this calculation, the weight (relative importance) of each project is considered in the most populous municipality of each geographic area.

Portugal - Construction cost index was EUR123.40 points in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Construction cost index - last updated from the EUROSTAT on July of 2025. Historically, Portugal - Construction cost index reached a record high of EUR123.40 points in March of 2025 and a record low of EUR63.90 points in March of 2001.

Compared to the overall average of 30 different major cities in the United States, building materials in San Francisco were more expensive than in Chicago. Opposed this is a city like Detroit, Michigian, where the price index of building materials was slightly below the average. What this overview tries to do, then, is compare the major cities against each other and whether one was relatively more expensive than the other when it comes to construction costs. This is especially visible for installation - such as HVAC. The city of New York reached an index of 174 in May 2021, meaning installation costs here were around 74 percent higher than the average cost for the 30 cities combined. Cities found in the state of Texas made up the other end of that spectrum: Installation costs in San Antonio, Houston and Dallas were between 30 to 40 percent lower than the overall average.

This table shows the value (expressed in building costs) of the construction of building projects expected shortly. It also shows the value of the actually realised monthly production of building projects. The figures relate to building projects with building costs of 50 thousand euro or more. The total building costs are broken down into building costs by building phase and by type of building.

Data available from: January 2015.

Status of the figures: Figures of the latest 12 months are provisional. Municipalities with non-response are estimated. The later received response of municipalities over previous periods have been processed in the figures of the month in which the building permit was granted. As a result, figures about the same month may vary over time. Twelve months after publication the provisional figures become definite.

Changes as of June 30, 2025: The figures of April 2025 have been added and all figures as of April 2024 may have been revised.

When will new figures be published? The new figures will be published on the last working day of the second month after the reporting month. The figures for the same reporting month of a year earlier then become final.

China Construction: Project Cost: Year to Date data was reported at 22,168,791.710 RMB mn in Dec 2020. This records an increase from the previous number of 20,964,544.016 RMB mn for Dec 2019. China Construction: Project Cost: Year to Date data is updated quarterly, averaging 3,012,787.500 RMB mn from Jun 2003 (Median) to Dec 2020, with 58 observations. The data reached an all-time high of 22,168,791.710 RMB mn in Dec 2020 and a record low of 289,004.000 RMB mn in Mar 2004. China Construction: Project Cost: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Construction Sector – Table CN.EE: Construction Enterprise: All.

The cost of building a home in Mexico increased in 2024, but at a lower pace than in previous years. In the first 11 months of 2024, residential construction costs were 2.9 percent higher than in 2023. Labor costs was the type of construction cost that increased the most in Mexico in 2023.

Italy - Construction cost index was EUR114.10 points in December of 2023, 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 July of 2025. Historically, Italy - Construction cost index reached a record high of EUR114.70 points in December of 2022 and a record low of EUR47.70 points in March of 1990.

Get the latest insights on price movement and trend analysis of Warehouse (Factory Unit) Construction in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

New York had one of the highest construction costs for prime offices in the United States, at over 660 U.S. dollars per square foot on average. In addition to the 541-meter One World Trade Center building, New York City also has some of the tallest skyscrapers in the United States. What element affect construction costs? Location and topography have a big impact on construction costs, for example, earthquake-prone zones have more stringent building requirements which will affect cost of materials, supplies, and labor. Increased interest in sustainability has also prompted sustainable certification across the country, most noticeably as LEED-registered offices. Slow growth of the office construction segmentThe value of new private office construction in the U.S. has kept rising in the past years, but at a slower rate than before 2019. The changes in the way people work, with part of the workforce working from home at least part of their week might have hindered investment in office real estate.

Construction Cost: State: Santa Catarina data was reported at 2,061.750 BRL/sq m in Apr 2025. This records an increase from the previous number of 2,057.330 BRL/sq m for Mar 2025. Construction Cost: State: Santa Catarina data is updated monthly, averaging 886.045 BRL/sq m from Mar 1986 (Median) to Apr 2025, with 470 observations. The data reached an all-time high of 11,905,455.610 BRL/sq m in Jul 1993 and a record low of 184.710 BRL/sq m in Jan 1989. Construction Cost: State: Santa Catarina data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Global Database’s Brazil – Table BR.EA004: Construction Cost: Average: by Region and State. Average costs at the level of Federation Units: Costs are estimated by the weighted average of the costs of residential projects with a normal finishing standard; For this calculation, the weight (relative importance) of each project is considered in the most populous municipality of each geographic area.

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).

Graph and download economic data for Other Prices: Cost of Construction: Residential: Total for Greece (OPCNRE01GRQ661N) from Q1 1974 to Q2 2023 about Greece, cost, residential, and construction.

China Building Construction: Project Cost data was reported at 13,923,511.173 RMB mn in 2022. This records an increase from the previous number of 13,859,384.210 RMB mn for 2021. China Building Construction: Project Cost data is updated yearly, averaging 4,555,569.830 RMB mn from Dec 1996 (Median) to 2022, with 25 observations. The data reached an all-time high of 13,923,511.173 RMB mn in 2022 and a record low of 437,323.650 RMB mn in 1996. China Building Construction: Project Cost data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Construction Sector – Table CN.EE: Construction Enterprise: Building Construction.

Brazil Construction Cost: Materials data was reported at 574.700 BRL/sq m in Oct 2018. This records an increase from the previous number of 570.790 BRL/sq m for Sep 2018. Brazil Construction Cost: Materials data is updated monthly, averaging 326.040 BRL/sq m from Jul 1994 (Median) to Oct 2018, with 292 observations. The data reached an all-time high of 574.700 BRL/sq m in Oct 2018 and a record low of 156.680 BRL/sq m in Jan 1999. Brazil Construction Cost: Materials data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Global Database’s Brazil – Table BR.EA003: Construction Cost: Average: By Region and State. Average costs at the level of Federation Units: Costs are estimated by the weighted average of the costs of residential projects with a normal finishing standard; For this calculation, the weight (relative importance) of each project is considered in the most populous municipality of each geographic area.