Will I Pay More For Asphalt or Concrete?

Cost comparisons play a vital role in all business-related expenditures, large or small. So, when it comes to paving new surfaces for your company, you will naturally want to know which pavement material is more cost-effective. Basically, you want to know if asphalt will cost you more than concrete, or vice versa. Scroll down to learn some facts about the cost of asphalt and concrete paving materials that will help you make the best spending decision for your business.

Commercial Pavement Company Indianapolis Indiana 317-549-1833
Commercial Pavement Company Indianapolis Indiana 317-549-1833

The Price of Asphalt Versus the Price of Concrete

Asphalt and concrete are two entirely different paving materials used to render the same types of paved structures. From roads and parking lots to courts, plazas, sidewalks, curbs, bollards, and more, both asphalt and concrete have proven to be tried and true paving products. But which one will cost you more, upfront and in the long run? The answer is complicated and more importantly, will vary depending on the unique details and specifications of your paving project. For this reason, lean on the facts about asphalt and concrete prices to help you get started in the right direction.

Let’s examine the pros and cons of both paving materials in terms of price and maintenance.

Average Prices

Asphalt is generally cheaper than concrete. That is why it is so widely used to pave roads, highways, and interstate systems. Oppositely, concrete tends to come with a high price tag. On average, asphalt can be procured between $1 and $5 per square foot (installed), while average concrete prices range between $3 and $10 per square foot installed.

Routine Maintenance

Although asphalt is the cheaper paving option upfront, it generates additional costs every 3 to 5 years when it needs resealing. A single bucket of asphalt sealant can cost upwards of $20, so you can imagine the total cost to reseal a multi-level parking lot or business front driveway. Without a proper sealcoat, asphalt will incur more damage, which can lead to premature repairs and overlays.

Concrete does not require much maintenance other than routine cleaning, pressure washing, and if applicable, fresh paint application. However, concrete cracks tend to be a challenging repair, and therefore, pricey. That is something to think about when deciding on a paving material.

Square Footage

Because asphalt and concrete are typically priced by the square foot, installed, the size of your project will largely impact the total cost of paving. The more surface area, the higher the cost, both upfront and in the long run.

Lifespan

Concrete pavements can last between 20 and 60 years with good care. Asphalt pavements can last between 10 and 30 years with regular sealcoating and good care.

Are you looking for qualified road construction and commercial paving in Central Indiana? Contact ACI Asphalt and Concrete at 317-549-1833 for licensed and insured paving services for asphalt and concrete pavements in Indianapolis, Indiana. We serve commercial and industrial clients all throughout such parts of the state.

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Price Comparison of Asphalt and Concrete

The most common and widely used materials for paving roads, sidewalks, street ways, and more are concrete and asphalt. When you are planning an upcoming paving project, you might be wondering which material is the more economical choice in terms of price.

Continue reading for a brief discussion of the price comparisons of asphalt and concrete, and who call for trusted commercial paving service in Central Indiana.

Asphalt Concrete Company Indianapolis IN 317-549-1833
Asphalt Concrete Company Indianapolis IN 317-549-1833

Asphalt Versus Concrete

With proper installation and routine maintenance, both asphalt and concrete can last for several years. So, the paving material that you ultimately choose will depend on several factors, including your budget, particular paving application, regional climate, location, intended use, and much more. It is important to speak with a licensed and experienced Indianapolis Indiana paving contractor who can help you understand the best options for your pavement installation or repair project.

When you are focusing solely on budget, the cost of asphalt versus concrete may play an important role in your final decision. Both materials may pose both advantages and disadvantages depending on your paving needs.

Asphalt Cost

In the paving industry, asphalt is one of the most economical choices because it is a very inexpensive material. For this reason, you often see roads and driveways paved with asphalt. In comparison, concrete is typically more expensive and requires a higher level of routine maintenance.

You can expect asphalt cost anywhere between $1 and $5 per square foot installed, while concrete has the average cost of $3 to $10 per square foot.

These prices depend on several factors, of course, and will vary depending on retailer, grade, quality, and volume.  One of the most determining factors will be the size of your paved lot. The larger the lot, the more money it will cost to install, regardless of paving material.

Comparing the Two

It is difficult to compare the cost without first identifying all of the factors unique to your paving project and/or needs. As a general consensus within the industry, it is suggested that asphalt is typically cheaper, but only initially.

Over time, asphalt will require some routine maintenance, such as seal coating, or minor repairs, which can add to the annual cost of paved asphalt. You can expect paved asphalt to last anywhere between 10 and 30 years, while most concrete paved surfaces last between 20 to 60 years.

Are you interested in learning more about your Indiana commercial paving project or pavement repair needs? Contact ACI Asphalt and Concrete at 317-549-1833 to speak with a seasoned commercial paving contractor in Indianapolis, Indiana today. We specialize in both asphalt and concrete work for commercial and industrial clients.

You Should Also Read:

Recommended Pavement Repairs for End of Summer
Facts About Combination Pavements
Commercial Permeable Pavement Information for Business Owners

Indianapolis Pavement Repair Company
Indianapolis Pavement Repair Company 317-549-1833