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Construction Economics
ENR publishes both a Construction Cost Index and Building Cost index that are widely used in the construction industry. This website contains an explanation of the indexes methodology and a complete history of the 20-city national average for the CCI and BCI. Both indexes have a materials and labor component. In the second issue of each month ENR publishes the CCI, BCI, materials index, skilled labor index and common labor index for 20 cities and the national average. The first issue also contains an index review of all five national indexes for the latest 14 month period.
Current Cost Indices
  Construction Costs   Building Costs   Materials Cost  
Annual escalation, measured by the CCI, held steady at 3.2% for the second consecutive month.
20-CITY:
1913 = 100
SEPT 2010
Index Value
% change
Month
% change
Year
Construction Cost 8857.40 +0.2 +3.2
Common Labor 18893.03 +0.3 +3.3
WAGE $/HR. 35.90 +0.3 +3.3

Recession Is Wearing Down Concrete Prices

Ready-mix concrete prices declined between 0.5% and 1.4% this month, according to ENR’s 20-city average price. This dip wiped out July’s 1.2% hike and a 0.1% increase in August, bringing prices back to last June’s level. The decline left concrete prices averaging 1.6% above September 2009’s level, which is down from August when concrete prices averaged annual gains of 2.7%. Portland cement prices managed a 0.3% increase this month, following a 0.2% increase in August. The back-to-back monthly increases helped to keep portland cement prices 1.7% above a year ago, up 0.2% from August’s annual pace.

View all Historical Indices » Historical Indices
  • Construction Cost Index History
    200 hours of common labor at the 20-city average of common labor rates, plus 25 cwt of standard structural steel shapes at the mill price prior to 1996 and the fabricated 20-city price from 1996, plus 1.128 tons of portland cement at the 20-city price, plus 1,088 board-ft of 2 x 4 lumber at the 20-city price.
  • Building Cost Index History
    68.38 hours of skilled labor at the 20-city average of bricklayers, carpenters and structural ironworkers rates, plus 25 cwt of standard structural steel shapes at the mill price prior to 1996 and the fabricated 20-city price

    Prices for construction pipe products are showing varied results ranging from steady increases for ductile iron pipe to a sharp rebound for reinforced concrete pipe to a large roll back for PVC water pipe. However, overall prices for many pipe products remain well above last year’s depressed levels. The largest year-to-year increase is 10.8% for 1/2-in. copper water tubing, followed by 10.2% increase for 8-in. DIP. Corrugated steel pipe prices are up between 4% and 7% from August 2009, according to ENR’s 20-city average price. PVC water and sewer pipe have the most modest increases, ranging from 2% to 5%.

    from 1996, plus 1.128 tons of portland cement at the 20-city price, plus 1,088 board-ft of 2 x 4 lumber at the 20-city price.
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 1978-2010
  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 1978-2010
  Montreal   Toronto    
View all Quarterly Cost Reports >> Quarterly Cost Reports
2nd Quarterly Cost Report:
With Stimulus Spending Running Out Recession Will Keep Grip on Costs
06/23/2010
The recession is expected to keep its grip on costs through the second half of this year, despite a shift in what is affected.

View Complete Report with Data and Analysis


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For 75 Different Materials
Our tables for cement and concrete and aggregate prices are published in print editions in the first issue of every month; pipe prices in the second; lumber and drywall prices the third, and steel prices in the fourth. For information on how to order data sets prior to March, 2005, click here.
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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