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
Inflation measured by the CCI dropped to an annual rate of 0.3% from 2.4% in August and 5.3% last May.
20-CITY:
1913 = 100
NOV. 2009
Index Value
% change
Month
% change
Year
Construction Cost 8591.79 -0.1 -0.1
Common Labor 18334.87 0.0 +2.0
WAGE $/HR. 34.84 0.0 +2.0

Building Costs
The BCI has fallen 2.2% below a year ago as the index was crushed by a 9.4% decline in materials costs.
20-CITY:
1913 = 100
NOV. 2009
Index Value
% change
Month
% change
Year
Building Cost 4757.40 -0.1 -1.9
Skilled Labor 8255.05 0.0 +1.9
WAGE $/HR. 45.82 0.0 +1.9

Materials Costs
Cement prices’ modest year-to-year gain was overwhelmed by steep price cuts for steel and lumber.
20-CITY:
1913 = 100
NOV. 2009
Index Value
% change
Month
% change
Year
Materials 2620.22 -0.3 -8.3
CEMENT $/TON 101.67 +0.3 +1.2
STEEL $/CWT 43.37 0.0 -9.6
LUMBER $/MBF 391.17 -1.2 -7.2

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 1978-2009
  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 1978-2009
  Montreal   Toronto    
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Construction Outlook 2009 Spring Update

A 14 page report on industry trends and detailed forecasts affecting the construction industry in 2009.
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Source: http://enr.construction.com/economics/current_costs/default.asp
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