Americas Office Fit Out Cost Guide 2024
OFFICE FIT OUT COST GUIDE 2024
LOCAL MARKET DATA
MEXICO CITY (LC)
MIAMI
2022
2023
2024
2022
2023
2024
Misc. Architectural Trades
Misc. Architectural Trades
140.97
132.16
161.88
$2.79
$3.29
$3.28
Arch. Millwork
Arch. Millwork
98.90
50.78
85.20
$4.80
$5.37
$6.89
Doors, Frames, Hdwr
Doors, Frames, Hdwr
81.10
46.78
119.28
$11.39
$13.72
$13.60
Drywall, Acoustic, Carpentry
Drywall, Acoustic, Carpentry
116.99
80.52
119.28
$12.39
$16.70
$24.51
General Finishes
General Finishes
111.92
90.67
135.03
$9.40
$11.97
$8.17
Mechanical, Plumbing, Fire Protection
Mechanical, Plumbing, Fire Protection
236.15
283.16
349.32
$18.09
$19.53
$27.03
Electrical
Electrical
204.61
279.68
306.72
$22.50
$25.43
$38.33
General Requirements, General Conditions & Fee
General Requirements, General Conditions & Fee
312.42
541.13
471.88
$18.08
$22.06
$18.65
Contingency
Contingency
130.31
71.83
127.67
$9.94
$9.94
$10.60
Total
1,433.37
1,576.71
1,876.26
Total
$109.39
$127.99
$151.05
MINNEAPOLIS
MONTERREY (LC)
2022
2023
2024
2022
2023
2024
Misc. Architectural Trades
Misc. Architectural Trades
$3.39
$3.58
$3.77
109.46
256.00
205.24
Arch. Millwork
Arch. Millwork
$6.49
$5.57
$5.87
36.14
41.17
41.17
Doors, Frames, Hdwr
Doors, Frames, Hdwr
$13.01
$14.40
$15.16
95.59
107.54
95.83
Drywall, Acoustic, Carpentry
Drywall, Acoustic, Carpentry
$16.51
$14.65
$15.43
165.37
183.37
174.08
General Finishes
General Finishes
$7.57
$8.80
$9.26
148.95
156.11
158.36
Mechanical, Plumbing, Fire Protection
Mechanical, Plumbing, Fire Protection
$26.24
$27.89
$29.36
269.67
274.13
226.46
Electrical
Electrical
$28.92
$30.73
$32.36
187.75
266.44
291.86
General Requirements, General Conditions & Fee
General Requirements, General Conditions & Fee
$11.07
$14.30
$15.06
494.15
361.96
167.02
Contingency
Contingency
$11.32
$12.07
$12.71
150.71
108.32
119.30
Total
$124.52
$131.99
$138.99
Total
1,657.78
1,755.04
1,479.32
NOTES: LC=Local Currency All costs are GEN 1 GEN 2 costs have a 10-15% discount
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