In the first quarter of 2022, Los Angeles was one of the most expensive cities in the United States for the construction of general hospitals, with an average cost per square foot of over 772 U.S. dollars. San Francisco and New York were the second and third cities in the ranking, with an average cost for hospitals of at least 700 U.S. dollars per square foot. Meanwhile, Las Vegas was the cheapest city in the list, with an average cost of 437.5 U.S. dollars per square foot.
Average construction costs of general hospitals in the United States from 4th quarter 2021 to 1st quarter 2022, by city
(in U.S. dollars per square foot)
Figures are Statista calculations, based on low and high building costs in the respective market.
The data in the chart below represents estimates of current building costs in each respective market. Costs may vary as a consequence of factors such as site conditions, climatic conditions, standards of specification, market conditions, etc. Values of U.S. locations represent hard construction costs based on U.S. dollars per square foot of gross floor area.
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Rider Levett Bucknall. (March 31, 2022). Average construction costs of general hospitals in the United States from 4th quarter 2021 to 1st quarter 2022, by city (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved May 16, 2022, from https://www.statista.com/statistics/830405/construction-costs-of-general-hospitals-in-us-cities/
Rider Levett Bucknall. "Average construction costs of general hospitals in the United States from 4th quarter 2021 to 1st quarter 2022, by city (in U.S. dollars per square foot)." Chart. March 31, 2022. Statista. Accessed May 16, 2022. https://www.statista.com/statistics/830405/construction-costs-of-general-hospitals-in-us-cities/
Rider Levett Bucknall. (2022). Average construction costs of general hospitals in the United States from 4th quarter 2021 to 1st quarter 2022, by city (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: May 16, 2022. https://www.statista.com/statistics/830405/construction-costs-of-general-hospitals-in-us-cities/
Rider Levett Bucknall. "Average Construction Costs of General Hospitals in The United States from 4th Quarter 2021 to 1st Quarter 2022, by City (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 31 Mar 2022, https://www.statista.com/statistics/830405/construction-costs-of-general-hospitals-in-us-cities/
Rider Levett Bucknall, Average construction costs of general hospitals in the United States from 4th quarter 2021 to 1st quarter 2022, by city (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/830405/construction-costs-of-general-hospitals-in-us-cities/ (last visited May 16, 2022)
