Americas Office Fit Out Cost Guide 2024

OFFICE FIT OUT COST GUIDE 2024

LOCAL MARKET DATA

BOSTON

BRAZIL (LC)

2022

2023

2024

2024

Misc. Architectural Trades

Misc. Architectural Trades

$3.36

$10.84

$6.16

28.98

Arch. Millwork

Arch. Millwork

$8.43

$9.41

$6.81

18.58

Doors, Frames, Hdwr

Doors, Frames, Hdwr

$15.54

$16.40

$17.39

27.54

Drywall, Acoustic, Carpentry

Drywall, Acoustic, Carpentry

$20.18

$17.82

$26.85

46.66

General Finishes

General Finishes

$10.48

$11.02

$10.86

23.31

Mechanical, Plumbing, Fire Protection

Mechanical, Plumbing, Fire Protection

$31.61

$36.34

$39.25

90.23

Electrical

Electrical

$25.92

$26.98

$22.56

64.76

General Requirements, General Conditions & Fee

General Requirements, General Conditions & Fee

$17.13

$14.82

$27.99

160.06

Contingency

Contingency

$13.12

$13.07

$14.80

32.64

Total

$145.77

$156.70

$172.66

Total

492.76

CALGARY (LC)

CHARLOTTE

2022

2023

2024

2022

2023

2024

Misc. Architectural Trades

Misc. Architectural Trades

3.93

4.63

5.28

$3.11

$3.06

$4.49

Arch. Millwork

Arch. Millwork

7.23

8.54

9.73

$4.34

$4.90

$5.75

Doors, Frames, Hdwr

Doors, Frames, Hdwr

14.06

16.59

18.91

$9.23

$12.81

$14.09

Drywall, Acoustic, Carpentry

Drywall, Acoustic, Carpentry

18.65

22.00

25.09

$15.37

$17.49

$20.08

General Finishes

General Finishes

9.58

11.30

12.89

$7.87

$8.81

$8.66

Mechanical, Plumbing, Fire Protection

Mechanical, Plumbing, Fire Protection

17.55

20.71

23.61

$16.75

$20.92

$30.43

Electrical

Electrical

22.60

26.67

30.40

$28.15

$29.39

$33.92

General Requirements, General Conditions & Fee

General Requirements, General Conditions & Fee

15.66

18.48

21.06

$10.45

$10.69

$16.70

Contingency

Contingency

10.93

12.89

14.70

$7.67

$10.31

$12.42

Total

120.18

141.81

161.67

Total

$102.95

$118.39

$146.53

NOTES: LC=Local Currency All costs are GEN 1 GEN 2 costs have a 10-15% discount

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