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What is the average cost of asphalt per square foot?

Posted on January 5, 2021 by Author

Table of Contents

  • 1 What is the average cost of asphalt per square foot?
  • 2 How much does asphalt binder cost?
  • 3 How do you calculate cost of road construction?
  • 4 How much does a driveway binder cost?
  • 5 Is 2 inches of asphalt enough for a driveway?
  • 6 What is the cost of one kilometer road construction?
  • 7 How much does it cost to maintain a roadway?
  • 8 How much does it cost to redesign a freeway?

What is the average cost of asphalt per square foot?

Asphalt paving costs $7 to $13 per square foot. You’ll pay $2 to $6 per square foot for new materials and $5 to $7 per square foot for installation….3. Asphalt Paving Cost Per Square Foot.

Material Cost Per Square Foot
Asphalt $1 – $5
Gravel $0.50 – $1
Installation $5 – $7
Total $7 – $13

How much does a mile of road cost to maintain?

Does it include bridges or mountain underpasses? Considering all of these variables in play, it should come as no surprise that the cost to maintain a mile of road can vary from as little as $782 per year (federally-maintained high-clearance roads) to $208,736 per year (New Jersey State Highways).

How much does asphalt binder cost?

Cost of asphalt by type

Type Average cost per ton
Recycled $10 – $20
Warm-mix $45 – $90
Colored $60 – $120
Coarse grade / basecoat / binder layer $40 – $70
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Is asphalt the same as blacktop?

The materials that are used to make blacktop and asphalt are the same. Both are made from two ingredients: bitumen and crushed stone. The difference lies in how those ingredients are combined to make the final product.

How do you calculate cost of road construction?

Road construction unit costs are estimated by dividing the machine rates by the production rates for the various activities involved in road construction. The road construction activities considered here are surveying, clearing and grubbing, excavation, surfacing, and drainage.

How much does it cost to maintain the Autobahn?

Rebuilding the 45,000-mile interstate system to Autobahn standards would cost $12 million per mile, or approximately a half-trillion dollars.

How much does a driveway binder cost?

Commercial driveways and lots should use 3 inches of asphalt. Commercial driveways should also use 8 inches of granular base aggregate, while lots should use 6 inches of granular base aggregate. Good drainage soil positioned underneath.

How much does it cost to pave 5000 square feet?

5,000 square feet is approximately $7,740. 13,500 square feet is approximately $17,600. Prices vary on each job.

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Is 2 inches of asphalt enough for a driveway?

For a regular driveway which is going to be used by regular cars, bicycles and bikes; 2 inches of asphalt is thick enough. Generally for resurfacing, 2 inches of asphalt is just about right, but if you are going for a stone surface and need a good base, it is better to layer up the asphalt thicker, around 3 inches.

Which is cheaper concrete or asphalt driveway?

Cost. The cost of an asphalt driveway is typically cheaper than concrete, costing $2.00 – $4.00 per square foot. In contrast, a concrete driveway costs between $4.00 – $6.00 per square foot for a standard installation.

What is the cost of one kilometer road construction?

Officials of the National Highways Authority of India (NHAI) estimate the average cost of building fourlane highways at Rs 8-9 crore per km and six-lane highways at around Rs 14 crore per km, inclusive of land costs.

How much does road tar cost?

Average Cost for a Tar and Chip Driveway

Average Cost $1,850
High Cost $3,050
Low Cost $650

How much does it cost to maintain a roadway?

The Means to Maintain. As I mentioned, it’s much less expensive to maintain existing roadways. To mill and resurface a 4-lane road, it costs an average of $1.25 million per mile. Then, if you want to expand said road from four lanes to six, you can expect to pay roughly $4 million.

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How much does it cost to pave a road?

Every road paving plan is different — the cost of paving a road depends on where it’s located, how wide it is, and several other factors — however, a good rule of thumb is that every mile of road costs at least one million dollars to repave, taking into account labor, equipment, and pavement expenses.

How much does it cost to redesign a freeway?

So, for example, a representative cost in 2014 for reconstructing an existing lane of a major urban freeway was $7.7 million per mile; doing the same on a collector street in a small urban area would have set you back $1.5 million per mile.

How much does it cost to resurface a 4-lane road?

To mill and resurface a 4-lane road, it costs an average of $1.25 million per mile. Then, if you want to expand said road from four lanes to six, you can expect to pay roughly $4 million. With road conditions at all-time lows, and with the National Highway Trust Fund dwindling in recent years — indeed,…

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