Asphalt Cost Formula:
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Definition: This calculator estimates the total cost of hot mix asphalt based on weight in tons and price per ton.
Purpose: It helps contractors, project managers, and homeowners budget for paving projects by calculating material costs.
The calculator uses the formula:
Where:
Explanation: The asphalt weight is multiplied by the price per ton to get the total material cost.
Details: Accurate cost estimation helps with project budgeting, bidding, and financial planning for paving projects.
Tips: Enter the asphalt weight in tons and price per ton (default $60/ton). All values must be > 0.
Q1: What's the typical price range for hot mix asphalt?
A: Prices typically range from $40 to $80 per ton depending on location, oil prices, and mix type.
Q2: How do I convert square yards to tons?
A: First calculate volume (thickness × area), then multiply by density (typically 145 lbs/cu ft or 2.05 tons/cu yd).
Q3: Does this include installation costs?
A: No, this only calculates material costs. Installation typically adds $2-$5 per square foot.
Q4: What affects asphalt prices?
A: Crude oil prices, transportation costs, aggregate quality, and local market conditions.
Q5: How long does asphalt last?
A: Properly installed asphalt lasts 15-20 years with regular maintenance (sealing every 3-5 years).