Construction Cost Estimates for a Bank in National, US
How Much Does it Cost to Build a Bank?
The following analysis estimates the cost to build a Bank using US National Average costs from 2019 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union and open shop labor for a 4,100 square foot building.
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build in a specific city or metropolitan area, go to our index of Bank models by state.
NOTE: This cost estimate uses 2019 RSMeans data. A more accurate estimate using current RSMeans cost data is available in RSMeans Data Online.Try Free For 30 Days
Bank Construction Cost Assumptions
Bank with Face Brick & Concrete Block / Reinforced Concrete
|Cost Estimate (Standard Union Labor)||% of Total||Cost Per SF||Cost|
|Contractor Fees (General Conditions,Overhead,Profit)||25%||$48.93||$200,615.21|
|Total Building Cost||$264.22||$1,083,322.11|
|Cost Estimate (Open Shop)||% of Total||Cost Per SF||Cost|
|Contractor Fees (General Conditions,Overhead,Profit)||25%||$43.86||$179,819.81|
|Total Building Cost||$236.84||$971,026.99|
Other Square Foot Model Building Type Options:
Bank with Face Brick & Concrete Block / Rigid Steel
Bank with Limestone & Concrete Block / Reinforced Concrete
Bank with Limestone & Concrete Block / Rigid Steel
Bank with Precast Concrete / Reinforced Concrete
Bank with Precast Concrete / Rigid Steel
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