Aurora, IL. 1  Overview. 2  Admission. 3  Money Matters. 4  Academics. Campus Life.  Students.
We have collected data nationwide to help calculate the average cost of parking lots in the US. The following are average costs and prices reported back to us: $1.60 per square foot (2 inch overlay) (Range: $1.49 - $1.70) $3.42 per square foot (tearout and replace) (Range: $2.50 - $4.33)
Most parking garage projects should use materials and techniques that fall under the highest quality ratings possible in order to ensure stability, safety and longevity. Such a building would run at an average of $8.56 million to complete. This does not include acquisition of the land or any demolition costs, however. The above figures place this construction at a $59 per square foot cost, though a national average of stands between $50 to $70 for most projects.