The Global Construction Newsletter Q1 2023

Detailed below are the most expensive cities to construct a building or complete an infrastructure-related project based on our latest (6) month’s international construction cost survey & research effort. We have used Boston, MA, USA as the benchmark city.  What we have witnessed in 2019 that will continue in 2020 are as follows

 

RANKCITY / COUNTRYBENCHMARK / LOCATION FACTOR (Material & Installation)
1NEW YORK CITY, USA 1.15
2SAN FRANCISCO, USA 1.12
3GENEVA, SWITZERLAND1.11
4OSLO, NORWAY 1.1
5HONG KONG, CHINA 1.07
6TOKYO, JAPAN 1.04
7LONDON, UK 1.03
8CHICAGO, USA 1.02
9BOSTON, USA BENCHMARK CITY – 1.00
10MACAU, CHINA 0.99
11FRANKFURT, GERMANY 0.985
12COPENHAGEN, DENMARK 0.98
13VIENNA, AUSTRIA 0.975
14DUBAI, UAE 0.97
15PARIS, FRANCE 0.965
16SYDNEY, AUSTRALIA 0.96
17HELSIKI, FINLAND 0.955
18BRUSSELS, BELGIUM 0.95
19MILAN, ITALY0.945
20JEDDAH, KSA 0.94

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For additional current International & US Construction Cost Data, refer to our (7) Annual Publications:

www.compassinternational.net/books/

Or contact John G. McConville CCP Telephone in USA (609) 577 4505

Or email [email protected]