How much does it cost to build a garage per square foot in the United States?
The following analysis estimates the cost to build an underground parking garage 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 100000 square foot building.
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build an underground parking garage in a specific city or metropolitan area, go to our index of underground parking garage 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 SoftwareTry Free For 30 Days
|Underground Parking Garage Construction Cost Assumptions|
Underground Parking Garage Square Foot Cost Assuming Reinforced Concrete / R/Conc. Frame
|Cost Estimate (Union Labor)||% of Total||Cost Per SF||Cost|
|Contractor Fees (GC,Overhead,Profit)||25%||$14.47||$1,447,300|
|Total Building Cost||$77.43||$7,742,800|
|Cost Estimate (Open Shop)||% of Total||Cost Per SF||Cost|
|Contractor Fees (GC,Overhead,Profit)||25%||$12.93||$1,293,100|
|Total Building Cost||$69.18||$6,918,200|