Asphalt Cost Formula:
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Definition: This calculator converts the price of hot mix asphalt (HMA) from dollars per ton to dollars per cubic yard.
Purpose: It helps contractors, builders, and homeowners estimate asphalt paving costs more accurately when working with volume measurements.
The calculator uses the formula:
Where:
Explanation: The standard density of hot mix asphalt is approximately 2.025 tons per cubic yard. This factor converts between weight and volume pricing.
Details: Accurate cost conversion ensures proper budgeting for paving projects and helps compare quotes that may use different units (tons vs cubic yards).
Tips: Simply enter the current market price of hot mix asphalt per ton. The calculator will automatically compute the equivalent cost per cubic yard.
Q1: Why 2.025 tons per cubic yard?
A: This is the standard density for compacted hot mix asphalt, though actual density can vary slightly (typically 2.0-2.05 tons/yd³).
Q2: Does this include installation costs?
A: No, this only converts material costs. Labor, equipment, and base preparation are additional.
Q3: How current should my price per ton be?
A: Asphalt prices fluctuate with oil prices. Get current quotes from local suppliers for accurate estimates.
Q4: What affects asphalt pricing?
A: Factors include oil prices, aggregate costs, transportation, project size, and seasonal demand.
Q5: How do I estimate total project cost?
A: Multiply cost per yard by total cubic yards needed, then add 10-15% for waste and compaction.