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.
Overall Construction Cost Index Q4 2023
(JANUARY 2009 = 100)
Overall Construction Cost Index Q3 2023
(JANUARY 2009 = 100)
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.
Chicago Construction Cost Index
(JANUARY 2009 = 100)
Advice for Building Owners in Chicago
Nationally, the Mortenson Cost Index increased by 0.34% for the 1st quarter 2024, a 1.9% increase over the previous twelve months. Costs in Chicago were flat in the most recent quarter and increased 2.4% over the last twelve months.
Denver Construction Cost Index
(JANUARY 2009 = 100)
Advice for Building Owners in Denver
Nationally, the Mortenson Cost Index increased by 0.34% for the 1st quarter 2024, a 1.9% increase over the previous twelve months. Costs in Denver were flat in the most recent quarter and increased 0.7% over the last twelve months.
Milwaukee Construction Cost Index
(JANUARY 2009 = 100)
Advice for Building Owners in Milwaukee
Nationally, the Mortenson Cost Index increased by 0.34% for the 1st quarter 2024, a 1.9% increase over the previous twelve months. Costs in Milwaukee increased 1.3% in the most recent quarter and increased 2.3% over the last twelve months.
Minneapolis Construction Cost Index
(JANUARY 2009 = 100)
Advice for Building Owners in Minneapolis
Nationally, the Mortenson Cost Index increased by 0.34% for the 1st quarter 2024, a 1.9% increase over the previous twelve months. Costs in Minneapolis increased 0.52% in the most recent quarter and 3.0% over the last twelve months.
Phoenix Construction Cost Index
(JANUARY 2009 = 100)
Advice for Building Owners in Phoenix
Nationally, the Mortenson Cost Index increased by 0.34% for the 1st quarter 2024, a 1.9% increase over the previous twelve months. Costs in Phoenix were flat in the most recent quarter and increased 2.5% over the last twelve months.
Portland Construction Cost Index
(JANUARY 2009 = 100)
Advice for Building Owners in Portland
Nationally, the Mortenson Cost Index increased by 0.34% for the 1st quarter 2024, a 1.9% increase over the previous twelve months. Costs in Portland were flat in the most recent quarter and increased 0.3% over the last twelve months.
Seattle Construction Cost Index
(JANUARY 2009 = 100)
Advice for Building Owners in Seattle
Nationally, the Mortenson Cost Index increased by 0.34% for the 1st quarter 2024, a 1.9% increase over the previous twelve months. Costs in Seattle were flat in the most recent quarter and increased 2.3% over the last twelve months.
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