Construction Cost Estimates for Bank in National, US
The following analysis estimates the cost to build a bank using US National Average costs from 2013 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union labor for a 4100 square foot building.
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build a bank in a specific city or metropolitan area, go to our index of bank models by state.
NOTE: This cost estimate uses 2013 RSMeans data. A more accurate estimate using current RSMeans cost data is available on Construction Estimating Software
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Bank Square Foot Cost Assuming Face Brick with Concrete Block Back-up / R/Conc. Frame
| Cost Estimate (Union Labor) | % of Total | Cost Per SF | Cost |
| Total | $178.29 | $731,000 | |
| Contractor Fees (GC,Overhead,Profit) | 25% | $44.57 | $182,800 |
| Architectural Fees | 11% | $24.52 | $100,500 |
| Total Building Cost | $247.38 | $1,014,300 | |
| Cost Estimate (Open Shop) | % of Total | Cost Per SF | Cost |
| Total | $163.29 | $669,500 | |
| Contractor Fees (GC,Overhead,Profit) | 25% | $40.82 | $167,400 |
| Architectural Fees | 11% | $22.45 | $92,100 |
| Total Building Cost | $226.57 | $928,900 | |