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Excavation Prices. Excavation can cost a variety of prices. It is very difficult to pin down specific costs for this because it is so area specific. It could cost $85 to $125 per hour for residential excavation work.That is, if you can find someone to do a job by the hour.n excavation company will charge somewhere between $80 and $200 per square yard. It depends a lot on geographic location, the layout of the lot, and challenges that may be present for the particular job. After hearing speaking to excavation companies you will be hard-pressed to have them quote you an hourly rate.
For instance, a one acre pond that averages ten feet deep will have a volume of 16,133 cubic yards. If you only need to excavate one-tenth of this to build a low dam, your excavation expense could drop from the $30,000 per acre range to the $8,000 range.or instance, a one acre pond that averages ten feet deep will have a volume of 16,133 cubic yards. If you only need to excavate one-tenth of this to build a low dam, your excavation expense could drop from the $30,000 per acre range to the $8,000 range.