Navigating Costs

Average price of new asphalt and concrete driveways

2/26/20242 min read

When it comes to enhancing the curb appeal and functionality of your property, few upgrades rival the impact of a new driveway. Whether you're replacing an old, cracked surface or installing a driveway for the first time, one of the most critical factors to consider is cost. Asphalt and concrete are two popular options, each with its own set of advantages and price considerations. In this blog post, we'll delve into the average prices of paving a new asphalt or concrete driveway to help you make an informed decision.

Understanding the Basics

Before diving into costs, it's essential to understand the basic characteristics of asphalt and concrete driveways:

Asphalt Driveways:

  • Made from a mixture of aggregates and bitumen.

  • Known for its flexibility, making it less prone to cracking in areas with freeze-thaw cycles.

  • Typically black in color, which can help melt snow and ice faster.

  • Requires periodic sealing every few years to maintain its appearance and durability.

Concrete Driveways:

  • Composed of cement, water, and aggregates like sand and gravel.

  • Offers exceptional durability and longevity, often lasting 30 years or more with proper maintenance.

  • Available in various finishes and colors, offering customization options to match your home's aesthetic.

  • Susceptible to cracking over time, especially in regions with significant temperature fluctuations.

Average Costs

The cost of paving a new driveway can vary significantly depending on factors such as the size of the driveway, local labor and material prices, site preparation requirements, and any additional features or customization options. However, here's a general overview of the average costs for asphalt and concrete driveways:

Asphalt Driveways:

  • On average, expect to pay between $2 to $5 per square foot for a basic asphalt driveway installation.

  • For a standard two-car driveway (about 600 to 700 square feet), this translates to a total cost of approximately $1,200 to $3,500.

  • Keep in mind that factors such as the thickness of the asphalt layer, site accessibility, and any necessary repairs to the base may influence the final price.

Concrete Driveways:

  • Concrete driveways tend to be slightly more expensive, with average costs ranging from $4 to $15 per square foot.

  • For a standard two-car driveway, you might be looking at a total cost of around $2,400 to $10,500.

  • The higher cost of concrete is partly due to its durability and longer lifespan compared to asphalt, as well as the labor-intensive installation process.

Additional Considerations

While upfront costs are essential, it's also crucial to consider the long-term implications and maintenance requirements of each driveway material. Asphalt driveways may have lower initial costs, but they typically require more frequent maintenance, such as sealcoating every few years and occasional repairs for cracks or potholes. On the other hand, concrete driveways offer greater longevity and require less maintenance overall, making them a more cost-effective option in the long run.

In conclusion, the average price of paving a new asphalt or concrete driveway depends on various factors, including material costs, labor expenses, and site-specific considerations. By weighing the upfront costs against long-term maintenance requirements and durability, you can make an informed decision that best suits your budget and preferences. Whether you opt for the affordability of asphalt or the longevity of concrete, investing in a quality driveway can enhance the value and functionality of your property for years to come.