Driveway Replacement Cost Formula:
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Definition: This calculator estimates the total cost to replace an asphalt driveway based on material and labor costs.
Purpose: It helps homeowners and contractors budget for driveway replacement projects by calculating both material and labor expenses.
The calculator uses the formula:
Where:
Explanation: The total cost is calculated by multiplying the asphalt quantity by its price per ton, then adding the labor cost.
Details: Proper cost estimation ensures realistic budgeting, prevents project delays, and allows for comparison of contractor quotes.
Tips: Enter the asphalt quantity in tons, price per ton (default $100), and labor cost (default $500). All values must be ≥ 0.
Q1: How do I estimate asphalt quantity (T)?
A: Use our Asphalt Calculator tool or multiply driveway area (sq ft) by 0.056 tons/sq ft for 2-inch thickness.
Q2: What's a typical price per ton?
A: Asphalt typically costs $100-$200 per ton, varying by region, quality, and quantity purchased.
Q3: What does labor cost include?
A: Labor covers removal of old driveway, site preparation, asphalt installation, and compaction.
Q4: Should I add extra for waste?
A: Consider adding 5-10% to the material cost for project contingencies and compaction loss.
Q5: How long does a new asphalt driveway last?
A: Properly installed asphalt driveways typically last 15-20 years with regular maintenance.