Americas Fit-Out Cost Guide 2022

BREAKDOWN OF EXPENSES BY CATEGORY

21%

>26%

>20%

18%

Mechanical costs account for over 20% of costs in fourteen different markets, all in the U.S. (12) and Canada (Montreal and Toronto).

Across all markets, electrical is the largest category of fit-out costs, accounting for 21% of the total. The second highest cost category is mechanical at 18% of total.

In Charlotte, San Francisco, Raleigh and Los Angeles, electrical costs account for over 26% of total costs.

HIGH SIDE

Drywall, acoustic, carpentry is consistently around 12%-15% of total costs, with some outliers:

Toronto 20%

Montreal 17%

LOW SIDE

12-15%

Colombia 7%

Mexico City

Chile

6%

5%

12

AMERICAS OFFICE FIT-OUT COST GUIDE 2022

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