The RSMeans Construction Cost Indexes are a means to compare costs from city to city, costs over time, and to localize the RSMeans national average construction costs.
The publication contains indexes for 318 U.S. and Canadian cities as well as the national average index. The January issue also provides a historical listing of total indexes going back to 1940.
Indexes are broken out by Material, Installation, and Total for each CSI division, as well as the total weighted average for that city. These are historical indexes with a base year of 1993. The publication also contains the quarterly index that updates that years publication costs, allowing you to easily take current RSMeans construction costs and adjust them throughout the year.
All the formulas to perform the adjustments are given with easy to follow examples. The January issue, with the listing of historical averages, gives further instruction on how to use the indexes to forecast future construction costs.
The indexes insure that you will always have the most up to date construction costs throughout the year and allows you to price and compare costs throughout the U.S. and Canada, as well as over time.