How to Calculate the Price of Asphalt

Asphalt is a popular paving material for driveways, parking lots, and roads due to its durability and cost-effectiveness. If you’re planning to pave an area with asphalt, one of the first things you’ll want to know is how much it will cost. Calculating the price of asphalt involves several factors, including the size of the area, the thickness of the asphalt layer, material costs, and labor. In this article, we’ll guide you through the steps to accurately calculate the price of asphalt for your project.

1. Determine the Area to Be Paved

The first step in calculating the price of asphalt is determining the size of the area that needs to be paved. Asphalt is typically priced by the square foot, so you’ll need to measure the length and width of the space to get the total square footage.

Step-by-Step Process:

      Formula:Square Footage=Length (in feet)×Width (in feet)\text{Square Footage} = \text{Length (in feet)} \times \text{Width (in feet)}Square Footage=Length (in feet)×Width (in feet)

      Pro Formula: Square Feet to Tons Calculation

      To convert your area into a purchase order, follow this professional formula:

      1. Area in Sq. Yards: (Total Sq. Ft. ÷ 9)
      2. Theoretical Tonnage: (Sq. Yards × Planned Thickness × 110) ÷ 2,000

      Note: For residential driveways, we recommend adding a 5% safety margin to the tonnage to account for edge compaction and base inconsistencies.

      2. Decide on the Thickness of the Asphalt Layer

      The thickness of the asphalt layer is another crucial factor in determining the cost. Asphalt is typically laid in layers, with a common thickness ranging from 2 to 4 inches for residential driveways. Thicker layers are more expensive but offer greater durability, especially in areas with heavy traffic or harsh weather conditions.

      Considerations:

          Formula:Cubic Feet of Asphalt=Square Footage×Asphalt Thickness (in feet)\text{Cubic Feet of Asphalt} = \text{Square Footage} \times \text{Asphalt Thickness (in feet)}Cubic Feet of Asphalt=Square Footage×Asphalt Thickness (in feet)

          Convert the thickness from inches to feet (e.g., 2 inches = 0.167 feet).

          3. Calculate the Volume of Asphalt Needed

          Once you have the total square footage and the desired thickness, you can calculate the volume of asphalt needed. The volume will help you estimate how much asphalt mix you’ll need to purchase.

          Formula:Volume (in cubic feet)=Square Footage×Thickness (in feet)\text{Volume (in cubic feet)} = \text{Square Footage} \times \text{Thickness (in feet)}Volume (in cubic feet)=Square Footage×Thickness (in feet)

          For example, if you have a 200-square-foot driveway and want a 2-inch thick layer of asphalt, the calculation would be:Volume=200×0.167=33.4 cubic feet\text{Volume} = 200 \times 0.167 = 33.4 \text{ cubic feet}Volume=200×0.167=33.4 cubic feet

          Understanding Asphalt Spread Rate for Precise Budgeting

          The “spread rate” is the secret to moving from square footage to actual tons. In the paving industry, the standard spread rate is 110 lbs per square yard per inch of thickness.

          If you are calculating costs for a 2-inch surface, you need to budget for 220 lbs of material for every square yard. Ignoring this factor often leads to a 10-15% underestimation in total project pricing, especially on uneven surfaces where more material is required to achieve a level finish.

          4. Convert the Volume to Tons

          Asphalt is typically sold by the ton, so you’ll need to convert the volume from cubic feet to tons. The density of asphalt is approximately 145 pounds per cubic foot, which translates to about 0.073 tons per cubic foot.

          Formula:Weight (in tons)=Volume (in cubic feet)×0.073 tons per cubic foot\text{Weight (in tons)} = \text{Volume (in cubic feet)} \times 0.073 \text{ tons per cubic foot}Weight (in tons)=Volume (in cubic feet)×0.073 tons per cubic foot

          Using the previous example:Weight=33.4×0.073=2.44 tons\text{Weight} = 33.4 \times 0.073 = 2.44 \text{ tons}Weight=33.4×0.073=2.44 tons

          5. Determine the Cost of Asphalt per Ton

          The cost of asphalt per ton varies depending on factors such as location, the quality of the asphalt mix, and current market prices. On average, asphalt costs between $100 and $150 per ton. Contact local suppliers to get an accurate price for your area.

          Example Calculation:

          If asphalt costs $120 per ton and you need 2.44 tons:Material Cost=2.44×120=$292.80\text{Material Cost} = 2.44 \times 120 = \$292.80Material Cost=2.44×120=$292.80

          6. Factor in Labor Costs

          Labor costs can significantly affect the total price of your asphalt project. Labor rates vary depending on the region and the complexity of the job. On average, labor costs range from $2 to $5 per square foot.

          Example Calculation:

          For a 200-square-foot driveway with a labor cost of $3 per square foot:Labor Cost=200×3=$600\text{Labor Cost} = 200 \times 3 = \$600Labor Cost=200×3=$600

          7. Include Additional Costs

          Don’t forget to factor in additional costs that may apply to your project, such as:

              Example Calculation:

              If additional costs (e.g., site preparation, sealing) amount to $200:Additional Costs=$200\text{Additional Costs} = \$200Additional Costs=$200

              8. Calculate the Total Price

              Now that you have all the necessary components, you can calculate the total price of the asphalt project.

              Formula:Total Price=Material Cost+Labor Cost+Additional Costs\text{Total Price} = \text{Material Cost} + \text{Labor Cost} + \text{Additional Costs}Total Price=Material Cost+Labor Cost+Additional Costs

              Using the previous examples:Total Price=292.80+600+200=$1,092.80\text{Total Price} = 292.80 + 600 + 200 = \$1,092.80Total Price=292.80+600+200=$1,092.80

              9. Consider Long-Term Maintenance Costs

              While the initial cost is important, it’s also worth considering the long-term maintenance costs associated with asphalt. Regular maintenance, such as sealcoating, crack repairs, and resurfacing, will help extend the life of your asphalt surface but will also incur additional expenses over time.

              Estimated Maintenance Costs:

                  Calculating the price of asphalt for your project involves multiple factors, including the size of the area, the thickness of the asphalt layer, material costs, labor, and additional expenses. By carefully considering each of these elements and obtaining accurate quotes from suppliers and contractors, you can estimate the total cost of your asphalt paving project with confidence. Whether you’re paving a driveway, parking lot, or any other area, understanding the cost breakdown will help you budget effectively and make informed decisions.


Share

WHO IS FRED?

Fred, Regional Operations Manager, comes from a family of immigrant roots and a story built on sacrifice, discipline, and hard work. Growing up, Fred watched his parents work long hours and weekends to create a better future teaching him the values of perseverance, determination, and doing things the right way every single time.
We Love Paving began with Fred’s father, who started doing what he knew best: paving. Over the years, he built experience alongside respected professionals in the industry, refining his methods and developing a reputation for quality work that speaks for itself. As his clientele grew, so did the vision one built not only on skill, but on integrity and pride in every job.

Posts that might interest you

Paving Company Vendors Unearthed: The Hunt Begins for Property Managers

Paving Company Vendors Unearthed: The Hunt Begins for Property Managers

June 14, 2023

Unveiling the Path to Finding the Perfect Paving Partner Rev up your search engines and prepare for a thrilling expedition, property managers! The quest for the ideal paving company vendor requires a keen eye, a dose of resourcefulness, and a touch determination. In this article, we unveil the secret roadmaps to discovering the paving partners of

Unveiling the Asphalt Avengers: Essential Insights for Property Managers Seeking Paving Company Vendors

Unveiling the Asphalt Avengers: Essential Insights for Property Managers Seeking Paving Company Vendors

June 14, 2023

Navigating the Road to Excellence – What Property Managers Should Consider Greetings, property managers and guardians of asphalt-clad territories! Today, we embark on a quest to uncover the crucial factors that should guide your search for the ultimate paving company vendor. Much like the meticulous selection of a supercar, finding the right partner to tame and conquer your

the 5 most common struggles and frustrations of property managers when hiring vendors

the 5 most common struggles and frustrations of property managers when hiring vendors

June 14, 2023

Property managers play a crucial role in the smooth operation and maintenance of various properties. One of the significant responsibilities they face is hiring and managing vendors who provide services such as landscaping, maintenance, repairs, and renovations. However, this task is often accompanied by several struggles and frustrations. In this article, we will explore some

The Art of Timing: When Can You Safely Walk on Newly Paved Surfaces?

The Art of Timing: When Can You Safely Walk on Newly Paved Surfaces?

June 6, 2023

Walking on a freshly paved surface may seem like a simple act, but the timing of when it’s safe to do so is crucial. The process of paving involves multiple factors that affect the surface’s strength and durability, and knowing when it’s appropriate to walk on it can prevent damage and ensure optimal results. In

When does paving season end?

When does paving season end?

June 6, 2023

Paving season isn’t an abstract concept; it’s a concrete consideration for anyone embarking on a paving project, whether it’s for a residential driveway or a commercial parking lot. Knowing when to schedule your paving work can make all the difference between a smooth, durable surface and a potential headache down the road. Let’s explore the

How to improve your parking lot ratio!

How to improve your parking lot ratio!

May 4, 2023

The parking ratio of a commercial real estate property is the number of parking spaces available per square foot of leasable space. Having an adequate parking ratio is essential for attracting and retaining tenants, as it can impact their ability to conduct business and serve customers. If you own or manage a commercial property and

What is commercial Property depreciation?

What is commercial Property depreciation?

May 4, 2023

Commercial real estate investment holds immense potential for generating substantial returns over time. Beyond rental income and property appreciation, savvy investors employ various strategies to optimize their returns. One such strategy that often goes underappreciated is leveraging commercial real estate depreciation for tax benefits. In this comprehensive guide, we’ll explore how strategic depreciation can bolster

Can a Commercial Property be turned to residential?

Can a Commercial Property be turned to residential?

May 4, 2023

As cities evolve and populations grow, the demand for housing continues to rise. In response to this ever-present need, property owners and developers are exploring innovative ways to maximize the use of existing structures. One increasingly popular approach is the conversion of commercial properties into residential spaces. In this article, we’ll delve into the intricacies

A Paving Company near you!

A Paving Company near you!

May 4, 2023

When it comes to paving companies, there are a lot of options out there. But if you’re looking for a company that truly stands out from the crowd, look no further than We Love Paving. Here are just a few reasons why we believe our company is superior to our competition. Expertise and Experience At

when is the best season to pave?

when is the best season to pave?

May 4, 2023

Paving season is a pivotal period in the construction industry, demanding careful planning and consideration to ensure successful project execution. Understanding the ideal timing for paving is essential for contractors and project managers alike, as it significantly impacts project outcomes. Let’s delve into the factors that influence paving season and determine the best time to

Previous Next