Americas Office Fit Out Cost Guide 2024

OFFICE FIT OUT COST GUIDE 2024

LOCAL MARKET DATA

TAMPA

TORONTO (LC)

2022

2023

2024

2022

2023

2024

Misc. Architectural Trades

Misc. Architectural Trades

$3.04

$2.85

$3.31

3.46

6.04

6.45

Arch. Millwork

Arch. Millwork

$4.88

$5.38

$5.95

11.71

13.57

17.12

Doors, Frames, Hdwr

Doors, Frames, Hdwr

$11.39

$15.81

$16.82

18.80

24.19

26.19

Drywall, Acoustic, Carpentry

Drywall, Acoustic, Carpentry

$15.49

$10.53

$17.54

26.20

25.84

27.39

General Finishes

General Finishes

$7.89

$8.90

$12.27

9.99

11.77

11.81

Mechanical, Plumbing, Fire Protection

Mechanical, Plumbing, Fire Protection

$20.79

$22.35

$34.26

29.03

28.49

35.91

Electrical

Electrical

$24.74

$32.02

$31.38

37.96

41.73

44.02

General Requirements, General Conditions & Fee

General Requirements, General Conditions & Fee

$13.11

$16.03

$20.29

28.58

33.29

23.43

Contingency

Contingency

$10.13

$9.87

$12.37

16.57

15.61

15.02

Total

$111.47

$123.73

$154.20

Total

182.31

200.54

207.33

UPSTATE NY

URUGUAY (LC)

2022

2023

2024

2024

Misc. Architectural Trades

Misc. Architectural Trades

$4.33

$4.76

$4.71

$385.53

Arch. Millwork

Arch. Millwork

$6.82

$7.50

$7.42

$96.29

Doors, Frames, Hdwr

Doors, Frames, Hdwr

$12.56

$13.82

$13.67

$300.41

Drywall, Acoustic, Carpentry

Drywall, Acoustic, Carpentry

$20.83

$22.92

$22.67

$288.86

General Finishes

General Finishes

$9.58

$10.54

$10.42

$209.52

Mechanical, Plumbing, Fire Protection

Mechanical, Plumbing, Fire Protection

$25.07

$27.58

$27.27

$433.28

Electrical

Electrical

$32.50

$35.75

$35.36

$554.60

General Requirements, General Conditions & Fee

General Requirements, General Conditions & Fee

$13.96

$15.36

$15.19

$1,197.79

Contingency

Contingency

$12.39

$13.63

$13.48

$385.14

Total

$138.05

$151.86

$150.19

Total

$3,851.41

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

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