Construction Cost Index by Country 2025
Construction Cost per m² 2025
500
1,000
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3,000
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6,000
Country | Construction Cost per m² 2025↓ | City Sampled | |
|---|---|---|---|
 | United States | $5723.10 | New York |
 | Switzerland | $5022.30 | Geneva |
 | Hong Kong | $4500.00 | |
 | United Kingdom | $4473.40 | London |
 | Macau | $4268.80 | |
 | Japan | $4126.70 | Tokyo |
 | Germany | $3796.90 | Munich |
 | Ireland | $3774.80 | Dublin |
 | Austria | $3615.50 | Vienna |
 | Netherlands | $3357.10 | Amsterdam |
 | France | $3200.40 | Paris |
 | Belgium | $3188.50 | Brussels |
 | Singapore | $3128.90 | Singapore |
 | Sweden | $3096.70 | Stockholm |
 | Canada | $3062.70 | Vancouver |
 | Australia | $3016.60 | Sydney |
 | Italy | $2965.90 | Milan |
 | New Zealand | $2662.30 | Auckland |
 | Saudi Arabia | $2592.80 | Riyadh |
 | South Korea | $2213.40 | Seoul |
 | Spain | $2205.50 | Madrid |
 | Poland | $2186.40 | Warsaw |
 | Qatar | $2096.00 | Doha |
 | Zimbabwe | $1992.70 | Harare |
 | United Arab Emirates | $1873.90 | Dubai |
 | Chile | $1748.10 | Santiago |
 | Brazil | $1689.30 | Rio de Janeiro |
 | Colombia | $1554.10 | Bogota |
 | Nigeria | $1539.80 | Lagos |
 | Malaysia | $1237.00 | Kuala Lumpur |
 | Rwanda | $1131.00 | Kigali |
 | Philippines | $1123.60 | Manila |
 | South Africa | $1088.30 | Cape Town |
 | Vietnam | $1086.50 | Hanoi |
 | Uganda | $1052.30 | Kampala |
 | Botswana | $1034.40 | Gaborone |
 | Indonesia | $977.20 | Jakarta |
 | China | $909.50 | Guangzhou |
 | Kenya | $784.90 | Nairobi |
 | India | $704.80 | Mumbai |
 | Mexico | Mexico City | |
 | Thailand | Bangkok | |
 | Argentina | Buenos Aires | |
 | Peru | Lima | |
 | Taiwan | Taipei | |
 | Georgia | Tbilisi | |
 | Uruguay | Montevideo |
Sources
- Slow steps forward: gradual acceleration in activity as build costs stabilise - Turner & Townsend International
- Average cost per square meter in selected European cities for constructing a building as of 2023 - Statista
- Global Survey: US Now Is Most Expensive for Construction - ENR
- Price per Square Meter/Square Foot in Latin American Cities - Global Property Guide
- Singapore average construction cost fourth highest in Asia: Turner & Townsend - EdgeProp
- Price per Square Meter/Square Foot in Asian Cities - Global Property Guide
- Building Cost Per Square Metre - Build Sydne
- What does it cost to build a house in NZ? - Morgages
- International Construction Costs - Arcadis
- 2023 Commercial Construction Cost per Square Foot in the US - BigRentz
