Americas Office Fit Out Cost Guide 2023
LOCALMARKETDATA
PANAMA (USD)
PERU (LC)
2022
2023
2022
2023
$10.13
$11.71
Misc. Architectural Trades
22.63
28.49
Misc. Architectural Trades
$15.67
$14.86
Arch. Millwork
11.81
14.75
Arch. Millwork
$10.31
$12.87
Doors, Frames, Hdwr
8.96
11.80
Doors, Frames, Hdwr
$11.15
$12.08
Drywall, Acoustic, Carpentry
26.62
25.04
Drywall, Acoustic, Carpentry
$16.12
$16.26
General Finishes
23.00
24.96
General Finishes
Mechanical, Plumbing, Fire Protection
Mechanical, Plumbing, Fire Protection
$16.91
$16.91
32.47
38.30
$16.72
$17.65
Electrical
32.58
38.35
Electrical
General Requirements, General Conditions & Fee
General Requirements, General Conditions & Fee
$26.29
$33.00
34.65
39.21
$9.70
1$0.23
Contingency
19.27
22.08
Contingency
$133.00
$145.57
Total
211.97
242.98
Total
PHILADELPHIA
PHOENIX
2022
2023
2022
2023
$3.27
$3.38
$2.14
$3.17
Misc. Architectural Trades
Misc. Architectural Trades
$5.84
$6.41
$5.30
$6.39
Arch. Millwork
Arch. Millwork
$9.54
$12.40
$11.27
$14.91
Doors, Frames, Hdwr
Doors, Frames, Hdwr
$14.28
$18.26
$14.06
$14.98
Drywall, Acoustic, Carpentry
Drywall, Acoustic, Carpentry
$8.42
$10.97
$8.24
$8.03
General Finishes
General Finishes
Mechanical, Plumbing, Fire Protection
Mechanical, Plumbing, Fire Protection
$27.63
$31.70
$16.16
$18.04
$31.16
$39.30
$24.59
$28.63
Electrical
Electrical
General Requirements, General Conditions & Fee
General Requirements, General Conditions & Fee
$13.62
$12.40
$18.49
$18.66
$11.38
$15.36
$10.03
$10.72
Contingency
Contingency
$125.15
$150.18
$110.29
$123.52
Total
Total
NOTES: LC=Local Currency All costs are GEN 1 GEN 2 costs have a 10-15% discount
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Cushman & Wakefield
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