Americas Office Fit Out Cost Guide 2024
OFFICE FIT OUT COST GUIDE 2024
LOCAL MARKET DATA
ORLANDO
PANAMA (USD)
2022
2023
2024
2022
2023
2024
Misc. Architectural Trades
Misc. Architectural Trades
$3.23
$5.90
$4.09
10.13
11.71
14.23
Arch. Millwork
Arch. Millwork
$4.24
$5.38
$6.27
15.67
14.86
6.52
Doors, Frames, Hdwr
Doors, Frames, Hdwr
$11.12
$13.36
$17.47
10.31
12.87
17.94
Drywall, Acoustic, Carpentry
Drywall, Acoustic, Carpentry
$14.36
$10.28
$16.94
11.15
12.08
11.43
General Finishes
General Finishes
$7.48
$10.16
$12.89
16.12
16.26
10.20
Mechanical, Plumbing, Fire Protection
Mechanical, Plumbing, Fire Protection
$21.46
$25.57
$36.13
16.91
16.91
26.82
Electrical
Electrical
$25.50
$24.20
$37.90
16.72
17.65
18.70
General Requirements, General Conditions & Fee
General Requirements, General Conditions & Fee
$11.16
$16.82
$20.26
26.29
33.00
44.02
Contingency
Contingency
$9.46
$12.55
$6.93
9.70
10.23
6.76
Total
$108.01
$124.21
$158.88
Total
133.00
145.57
156.61
PERU (LC)
PHILADELPHIA
2022
2023
2024
2022
2023
2024
Misc. Architectural Trades
Misc. Architectural Trades
22.63
28.49
8.78
$3.27
$3.38
$3.34
Arch. Millwork
Arch. Millwork
11.81
14.75
0.42
$5.84
$6.41
$10.45
Doors, Frames, Hdwr
Doors, Frames, Hdwr
8.96
11.80
6.26
$9.54
$12.40
$24.02
Drywall, Acoustic, Carpentry
Drywall, Acoustic, Carpentry
26.62
25.04
2.85
$14.28
$18.26
$27.97
General Finishes
General Finishes
23.00
24.96
163.74
$8.42
$10.97
$15.43
Mechanical, Plumbing, Fire Protection
Mechanical, Plumbing, Fire Protection
32.47
38.30
13.63
$27.63
$31.70
$31.22
Electrical
Electrical
32.58
38.35
36.39
$31.16
$39.30
$31.38
General Requirements, General Conditions & Fee
General Requirements, General Conditions & Fee
34.65
39.21
65.02
$13.62
$12.40
$15.34
Contingency
Contingency
19.27
22.08
27.98
$11.38
$15.36
$13.64
Total
211.97
242.98
325.08
Total
$125.15
$150.18
$172.78
NOTES: LC=Local Currency All costs are GEN 1 GEN 2 costs have a 10-15% discount
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