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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
+2.9
Feb 2015

Annual inflation tracked by the CCI slipped back to 2.9% from 3.2% the previous month, as the wage component held steady.


1913 = 100 INDEX VALUE MONTH YEAR
CONSTRUCTION 9961.75 0.1 +2.9
COMMON LABOR 21228.82 0.0% +2.8%
WAGE $/HR. 40.33 0.0% +2.8%

Building Costs
+3.1%
Feb 2015

The escalation rate of the BCI fell to 3.1% from 3.3% in January, due to a 0.5% monthly decline in the materials component.


1913 = 100 INDEX VALUE MONTH YEAR
BUILDING 5488.10 0.2% +3.1%
SKILLED LABOR 9468.29 +0.1% +3.0%
WAGE $/HR. 52.55 +0.1% +3.0%

Materials Costs
+3.4%
Feb 2015

The MCI declined 0.5% this month, wiping out a 0.3% gain during the previous month.


1913 = 100 INDEX VALUE MONTH YEAR
MATERIALS 3056.13 0.5% +3.4%
CEMENT $/TON 116.54 +0.5% +5.7%
STEEL $/TON 50.39 0.1% +1.9%
LUMBER $/TON 462.86 1.8% +6.6%

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

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 1978-2012
  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 1978-2012
Montreal Toronto
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