Current Costs
ENR's most recent Construction Cost Index, Building Cost Index, Materials Cost Index, which are updated monthly. Tables include monthly and annual percent changes.
Construction Costs
|
Driven by both labor and material costs, inflation measured by the CCI jumped from 4.4% last month to 6.3%. |
20-CITY:
1913 = 100 |
NOV 2008
Index Value |
% change
Month |
% change
Year |
| Construction Cost |
8602.45 |
-0.2 |
+6.3 |
| Common Labor |
17976.32 |
0.0 |
+5.2 |
| WAGE $/HR. |
34.16 |
0.0 |
+5.2 |
|
|
Building Costs
|
Higher steel prices had a major impact on the BCI, helping to push it up 2% for the month and 6.5% for the year. |
20-CITY:
1913 = 100 |
NOV 2008
Index Value |
% change
Month |
% change
Year |
| Building Cost |
4847.39 |
-0.4 |
+6.4 |
| Skilled Labor |
8105.08 |
0.0 |
+4.0 |
| WAGE $/HR. |
44.98 |
0.0 |
+4.0 |
|
|
Materials Costs
|
Virtually all of this year's 11.4% increase in the MCI comes from the strong 20.3% increase in steel prices. |
20-CITY:
1913 = 100 |
NOV 2008
Index Value |
% change
Month |
% change
Year |
| Materials |
2857.17 |
-1.2 |
+10.3 |
| CEMENT $/TON |
100.42 |
+0.1 |
-0.8 |
| STEEL $/CWT |
47.98 |
-1.5 |
+18.9 |
| LUMBER $/MBF |
421.57 |
-0.5 |
-3.9 |
|
|
Labor Cost Indices
- Skilled Labor Index
The Skilled Labor Index is the labor component of ENR’s Building Cost Index and tracks union wages, plus fringe benefits, for carpenters, bricklayers and iron workers.
- Common Labor Index
The Common Labor Index is the labor component of ENR’s Construction Cost Index and tracks the union wage, plus fringe benefits, for laborers.
Cost Index History Tables by City
The building and construction cost indexes for ENR’s individual cities use the same components and weighting as those for the 20-city national indexes. The city indexes use local prices for portland cement and 2 X 4 lumber and the national average price for structural steel. The city’s BCI uses local union wages, plus fringes, for carpenters, bricklayers and iron workers. The city’s CCI uses the same union wages for laborers.
ENR Cost Indexes in 20 Cities 1978-2008
 Atlanta, GA |
Baltimore, MD |
Birmingham, AL |
Boston, MA |
| Chicago, IL |
Cincinnati, OH |
Cleveland, OH |
Dallas, TX |
| Denver, CO |
Detroit, MI |
Kansas City, MO |
Los Angeles, CA |
| Minneapolis, MN |
New Orleans, LA |
New York, NY |
Philadelphia, PA |
| Pittsburgh, PA |
San Francisco, CA |
Seattle, WA |
St. Louis, MO |
ENR Cost Indexes in Canadian Cities 1978-2008
