Is Asphalt Cheaper Than Concrete?
Asphalt and concrete are both construction materials used for building and paving roads, pathways, and driveways. Each offers various positives and negatives, however which is cheaper? And which should you choose for your application? Which Is Cheaper: Asphalt Or Concrete?Asphalt is the less expensive product, per square foot installed, in the vast majority of applications. Concrete tends to be more expensive to lay since of both material expenses and the trouble of accomplishing a smooth, level surface. However, asphalt's long-lasting maintenance expenses might render it similarly priced as concrete for some applications.The St. Louis Fed tracks asphalt and concrete/cement producer costs with time. The manufacturer cost is the quantity that the manufacturer charges for raw materials from the factory gate. It is a handy metric since it strips out other factors that could affect the rate, such as the shortage of concrete layers.According to Fed data from the United States Bureau o