Cost Index

Construction Activity in Urban Areas Continues to Drive Cost Increases

First Quarter 2015 Turner Building Cost Index - which measures costs in the non-residential building construction market in the United States - has increased to a value of 927. This reflects a 1.09% increase from the Fourth Quarter 2014 and a 4.75% increase from the First Quarter 2014. 

Quarter Index   % Change
1st Quarter 2015 927 1.09
4th Quarter 2014 917 0.99
3rd Quarter 2014 
908 1.34
2nd Quarter 2014
896 1.24

Base year: 1967, index 100

Please click below to download the Building Cost Index


First Quarter 2015


First Quarter 2014


Third Quarter 2014

Fourth Quarter 2014


First Quarter 2013

Second Quarter 2013

Third Quarter 2013



First Quarter 2012
Second Quarter 2012
Third Quarter 2012

Fourth Quarter 2012

Fourth Quarter Cost Indices from Previous Years

Fourth Quarter 2009

Fourth Quarter 2010

Fourth Quarter 2011

Fourth Quarter 2006

Fourth Quarter 2007

Fourth Quarter 2008

Turner has prepared the construction cost forecast for more than 80 years. Used widely by the construction industry and Federal and State governments, the building costs and price trends tracked by The Turner Building Cost Index may or may not reflect regional conditions in any given quarter. The Cost Index is determined by several factors considered on a nationwide basis, including labor rates and productivity, material prices and the competitive condition of the marketplace. This index does not necessarily conform to other published indices because others do not generally take all of these factors into account. 

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