Crunching the latest quarterly numbers and giving you the trends that matter, so that you have the insight you need going into the next quarter.
Click on the interactive graphic below or continue scrolling for your specific market.
Construction Cost Index by City
The Mortenson Construction Cost Index is calculated quarterly by pricing a representative non-residential construction project in geographies throughout the country. Click a city below to jump to the latest findings.
Advice for Building Owners in Chicago
Nationally, the Mortenson Cost Index increased by 1.2% in the 2nd quarter of 2024, a 1.9% increase over the previous twelve months. Costs in Chicago increased 0.8% in the most recent quarter and 1.4% over the last twelve months.
Advice for Building Owners in Chicago
Nationally, the Mortenson Cost Index remained essentially flat in the 3rd quarter of 2024. Over the past year, costs have increased 1.7% nationally and 1.3% in Chicago.
Advice for Building Owners in Denver
Nationally, the Mortenson Cost Index remained essentially flat in the 3rd quarter of 2024. Over the past year, costs have increased 1.7% nationally and decreased -0.4% in Denver.
Advice for Building Owners in Milwaukee
Nationally, the Mortenson Cost Index remained essentially flat in the 3rd quarter of 2024. Over the past year, costs have increased 1.7% nationally and 3.1% in Milwaukee.
Advice for Building Owners in Minneapolis
Nationally, the Mortenson Cost Index remained essentially flat in the 3rd quarter of 2024. Over the past year, costs have increased 1.7% nationally and 3.4% in Minneapolis.
Advice for Building Owners in Phoenix
Nationally, the Mortenson Cost Index remained essentially flat in the 3rd quarter of 2024. Over the past year, costs have increased 1.7% nationally and 1.8% in Phoenix.
Advice for Building Owners in Portland
Nationally, the Mortenson Cost Index remained essentially flat in the 3rd quarter of 2024. Over the past year, costs have increased 1.7% nationally and 1.1% in Portland.
Advice for Building Owners in Seattle
Nationally, the Mortenson Cost Index remained essentially flat in the 3rd quarter of 2024. Over the past year, costs have increased 1.7% nationally and 2.0% in Seattle.
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