Americas Office Fit Out Cost Guide 2024

BREAKDOWN OF EXPENSES BY CATEGORY

19% 21%

>25% >20%

Mechanical costs account for over 20% of costs in 16 different markets, all in the U.S.

Electrical continues to be the costliest category, accounting for 21% of total costs. The second highest cost category is mechanical at 19% of total.

In Las Vegas, Miami, Salt Lake City, San Francisco and San Jose, electrical costs account for over 25% of total costs.

HIGH SIDE

Drywall, acoustic ceilings and carpentry—the third leading costs category— is consistently around 11%-14% of total costs, with some outliers:

Guadalajara 17%

16% Lower CT 17%

Reno 16%

LOW SIDE

11-14%

Dominican Republic 6%

Uruguay

Costa Rica

6%

1%

34

Cushman & Wakefield