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CONSTRUCTION COST INDEX

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

The Mortenson Cost Index was flat in the most recent quarter. Over the last twelve months, costs increased 2.2% nationally and 3.5% in Chicago. 

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Denver Construction Cost Index

(JANUARY 2009 = 100)

Advice for Building Owners in Denver

The Mortenson Cost Index was flat in the most recent quarter.  Over the last twelve months, costs increased 2.2% nationally and 0.3% in Denver.

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Milwaukee Construction Cost Index

(JANUARY 2009 = 100)

Advice for Building Owners in Milwaukee

The Mortenson Cost Index was flat in the most recent quarter. Over the last twelve months, costs increased 2.2% nationally and 2.1% in Milwaukee. 

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Minneapolis Construction Cost Index

(JANUARY 2009 = 100)

Advice for Building Owners in Minneapolis

The Mortenson Cost Index was flat in the most recent quarter. Over the last twelve months, costs increased 2.2% nationally and 2.4% in Minneapolis. 

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Phoenix Construction Cost Index

(JANUARY 2009 = 100)

Advice for Building Owners in Phoenix

The Mortenson Cost Index was flat in the most recent quarter nationally and increased 0.7% in Phoenix. Over the last twelve months, costs increased 2.2% nationally and 4.3% in Phoenix. 

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Portland Construction Cost Index

(JANUARY 2009 = 100)

Advice for Building Owners in Portland

The Mortenson Cost Index was flat in the most recent quarters. Over the last twelve months, costs increased 2.2% nationally and 0.1% in Portland. 

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Seattle Construction Cost Index

(JANUARY 2009 = 100)

Advice for Building Owners in Seattle

The Mortenson Cost Index was flat in the most recent quarter. Over the last twelve months, costs increased 2.2% nationally and 2.7% in Seattle. 

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