Average Cost Overview
The average cost for an asphalt driveway can vary significantly depending on various factors such as location, material quality, depth, and size.
According to recent data, the national average cost for an asphalt driveway installation is approximately $5,000. However, this price can range from as low as $2,800 to as high as $10,000.
The cost per square foot for materials is typically between $5 to $7, while the installed cost can be from $7 to $13 per square foot.
Factors Influencing Cost and Maintenance
It's important to consider that these figures can fluctuate based on regional variations and additional features like heated systems or stamping.
Maintenance and repair costs should also be factored into the overall budget, as asphalt driveways may require sealant applications every few years and potential repairs for damage.
Therefore, while the average cost gives a general idea, individual project costs will depend on specific requirements and conditions.