Cost Index
Turner’s Fourth Quarter Building Cost Index: High Level of Construction Activity Continues to Stretch Skilled Labor Availability
Fourth Quarter 2019 Turner Building Cost Index—which measures costs in the non-residential building construction market in the United States—has increased to a value of 1177. This represents a 1.29% quarterly increase from the third quarter of 2019 and a 4.84% annual increase from the fourth quarter of 2018, respectively.
| Quarter | Index | % Change |
|---|---|---|
| 4th Quarter 2019 | 1177 | 1.29 |
| 3rd Quarter 2019 | 1162 | 1.13 |
| 2nd Quarter 2019 | 1149 | 1.23 |
| 1st Quarter 2019 | 1135 | 1.34 |
Base year: 1967, index 100
Please click below to download the Building Cost Index2019
 First Quarter 2019 |
 Second Quarter 2019 |
 Third Quarter 2019 |
 Fourth Quarter 2019 |
2018
 First Quarter 2018 |
 Second Quarter 2018 |
 Third Quarter 2018 |
 Fourth Quarter 2018 |
2017
 First Quarter 2017 |
 Second Quarter 2017 |
 Third Quarter 2017 |
 Fourth Quarter 2017 |
2016
 First Quarter 2016 |
 Second Quarter 2016 |
 Third Quarter 2016 |
 Fourth Quarter 2016 |
2015
 First Quarter 2015 |
 Second Quarter 2015 |
 Third Quarter 2015 |
 Fourth Quarter 2015 |
2014
 First Quarter 2014 |
 Second Quarter 2014 |
 Third Quarter 2014 |
 Fourth Quarter 2014 |
2013
 First Quarter 2013 |
 Second Quarter 2013 |
 Third Quarter 2013 |
 Fourth Quarter 2013 |
2012
 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 |
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 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.