Cost of Asphalt Parking Lot Paving in Bloomington
Asphalt parking lot paving is a significant investment for businesses and property owners in Bloomington, IL. Understanding the various factors that influence the cost can help in planning and budgeting for this essential project. Below, we break down the key factors affecting costs and provide average cost estimates for common tasks associated with asphalt parking lot paving in Bloomington, IL.
Factors Affecting Cost
- Size of the Area: Larger areas require more materials and labor, increasing the overall cost.
- Thickness of Asphalt: Thicker layers of asphalt provide greater durability but also add to the expense.
- Preparation Work: The need for grading, excavation, or removal of old pavement can significantly impact costs.
- Type of Asphalt: Different grades and types of asphalt have varying price points.
- Local Climate: Weather conditions in Bloomington, IL, can affect the choice of materials and the complexity of installation.
- Labor Costs: Local labor rates and the availability of skilled workers can influence the final price.
- Permits and Regulations: Compliance with local regulations and the cost of necessary permits can add to the overall expense.
Average Costs for Common Tasks
| Task | Average Cost (Bloomington, IL) |
|---|---|
| Site Preparation | $1,500 - $3,000 |
| Excavation and Grading | $2,000 - $4,000 |
| Base Layer Installation | $1,000 - $2,500 |
| Asphalt Paving (per sq. ft.) | $2.50 - $4.50 |
| Sealcoating (per sq. ft.) | $0.15 - $0.30 |
| Line Striping (per line) | $4 - $6 |
| Drainage Installation | $1,000 - $3,000 |
| Curb Installation (per linear ft.) | $5 - $10 |
Understanding these factors and average costs can help you make informed decisions when planning your asphalt parking lot paving project in Bloomington, IL.
