In the first quarter of 2022, San Francisco and Honolulu were the U.S. cities with the highest average construction cost for parking space both on the ground and basement level. On the other side of the spectrum, Las Vegas had some of the lowest average parking construction costs, at 67.5 U.S. dollars per square meter for ground level parking space, and 107.5 U.S. dollars per square meter for basement parking space.
Average construction costs of parking space in the United States in 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 parking space in the United States in 1st quarter 2022, by city (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved June 27, 2022, from https://www.statista.com/statistics/830429/construction-costs-of-parking-space-in-us-cities/
Rider Levett Bucknall. "Average construction costs of parking space in the United States in 1st quarter 2022, by city (in U.S. dollars per square foot)." Chart. March 31, 2022. Statista. Accessed June 27, 2022. https://www.statista.com/statistics/830429/construction-costs-of-parking-space-in-us-cities/
Rider Levett Bucknall. (2022). Average construction costs of parking space in the United States in 1st quarter 2022, by city (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: June 27, 2022. https://www.statista.com/statistics/830429/construction-costs-of-parking-space-in-us-cities/
Rider Levett Bucknall. "Average Construction Costs of Parking Space in The United States in 1st Quarter 2022, by City (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 31 Mar 2022, https://www.statista.com/statistics/830429/construction-costs-of-parking-space-in-us-cities/
Rider Levett Bucknall, Average construction costs of parking space in the United States in 1st quarter 2022, by city (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/830429/construction-costs-of-parking-space-in-us-cities/ (last visited June 27, 2022)
