Asphalt Parking Lot Installation Cost

Asphalt parking lot installation is a popular choice for commercial and residential properties due to its durability, longevity, and cost-effectiveness. The cost of this service varies depending on several factors, including the type and quality of the accessory, the complexity of the job, and the location and service provider. On average, the hourly cost of asphalt parking lot installation ranges from $50 to $80 per hour.

Cost Breakdown

The cost of asphalt parking lot installation is typically broken down into several categories, including the cost of materials, labor, and equipment. The materials cost accounts for approximately 40% to 50% of the total cost, while labor and equipment account for 50% to 60%. The cost of materials includes the cost of asphalt, base materials, and any accessories needed, such as drainage systems or lighting. The labor cost includes the cost of installation, site preparation, and any necessary repairs. The equipment cost includes the cost of any machinery needed, such as asphalt pavers and rollers.

Factors Affecting Cost

Several factors can affect the cost of asphalt parking lot installation, including the type and quality of the accessory, the complexity of the job, and the location and service provider. The quality of the materials used can significantly impact the cost, with higher-quality materials costing more. The complexity of the job, such as the size and shape of the parking lot, can also affect the cost. Location can also play a role, with service providers in urban areas generally charging more than those in suburban or rural areas. Service providers with more experience or higher levels of expertise may also charge more for their services.

Cost Fluctuation by Professionals

The cost of asphalt parking lot installation can vary significantly depending on the type of service provider. For example, a general contractor may charge more for this service than an asphalt contractor due to their broader range of services. Additionally, a specialized asphalt contractor may charge more for their services than a general contractor due to their expertise and experience with this specific type of installation. The cost may also vary depending on the size and reputation of the service provider, with larger and more established companies typically charging more than smaller or newer companies.