Quarterly Price Updates January 2024
Updated material prices available now
Every quarter Clear Estimates updates the material price for every region in the U.S., for all 10,000 parts in the database. These updates are automatically available in your Clear Estimates Software. Check out how the prices of different projects have changed regionally this past quarter!
Because this is the first update of the year, we've also updated our labor rates. Click here to see how to update to our suggested labor rates for 2024.
Check out how the cost of a 200 sq. foot kitchen remodel has changed since last quarter:
- Northeast: -1.5%
- Southeast: -0.8%
- Midwest: -0.2%
- Southwest: +0.0%
- West: +0.3%
See how the cost of an 800 sq. foot home addition has changed since last quarter:
- Northeast: -0.8%
- Southeast: +0.4%
- Midwest: -0.0%
- Southwest: +0.3%
- West: -0.3%
Here are some highlights of the average material price changes nationwide:
- Pressure treated decking prices have decreased by 4.9%
- Drywall prices dropped by 7.6%
- Dimensional lumber prices have fallen 12.9%
- Fiberglass roofing prices have increased by 1.4%
Updated labor rate recommendations available now
We've updated our suggested labor rates for 2024! You can see how to update to our suggested rates by clicking here. Here's a look at carpenter labor rate trends in 2024:
