In the first quarter of 2022, one of the U.S. cities with the most expensive average construction cost per square foot of industrial warehouse space was San Francisco, at 202 U.S. dollars. San Francisco was closely followed by Portland, where the average cost per square foot was 200 U.S. dollars. Meanwhile, Las Vegas and Phoenix were the least expensive cities to build warehouses, with a cost of 100 U.S. dollars per square foot or less. The most expensive U.S. cities to construct residential buildings tend to be the same as the ones with the highest cost for industrial warehouse construction.
Average construction costs of industrial warehouses in the United States from 4th quarter 2021 to 1st quarter of 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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Rider Levett Bucknall. (March 31, 2022). Average construction costs of industrial warehouses in the United States from 4th quarter 2021 to 1st quarter of 2022, by city (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved June 28, 2022, from https://www.statista.com/statistics/830417/construction-costs-of-industrial-warehouses-in-us-cities/
Rider Levett Bucknall. "Average construction costs of industrial warehouses in the United States from 4th quarter 2021 to 1st quarter of 2022, by city (in U.S. dollars per square foot)." Chart. March 31, 2022. Statista. Accessed June 28, 2022. https://www.statista.com/statistics/830417/construction-costs-of-industrial-warehouses-in-us-cities/
Rider Levett Bucknall. (2022). Average construction costs of industrial warehouses in the United States from 4th quarter 2021 to 1st quarter of 2022, by city (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: June 28, 2022. https://www.statista.com/statistics/830417/construction-costs-of-industrial-warehouses-in-us-cities/
Rider Levett Bucknall. "Average Construction Costs of Industrial Warehouses in The United States from 4th Quarter 2021 to 1st Quarter of 2022, by City (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 31 Mar 2022, https://www.statista.com/statistics/830417/construction-costs-of-industrial-warehouses-in-us-cities/
Rider Levett Bucknall, Average construction costs of industrial warehouses in the United States from 4th quarter 2021 to 1st quarter of 2022, by city (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/830417/construction-costs-of-industrial-warehouses-in-us-cities/ (last visited June 28, 2022)
