The biggest bang for your buck. That’s what Asphalt Shingles on a roof can provide to you, the homeowner. It’s not the most durable material. Durability and longevity belong to metal roofing and natural slate.
For the value, though, Asphalt Shingles are hard to beat, especially when viewed through the prism of their low upfront cost and high near-term home improvement ROI.
Did you know? An asphalt shingle roof, such as 30-year architectural shingles, can often be installed for under $10,000 on a small or mid-sized single family house in the US.
For a relatively modest upfront cost, you can expect to get at least 10 to 15 years of roof protection or longer, depending on the type of shingle you choose.
Pro Tip: Generally speaking, you will get a much better ROI and longer service lifespan by installing architectural shingles as opposed to 3-tab.
That being said, on a per sq. ft. basis, you can expect to pay anywhere from $3.00 to $5.50 to install architectural shingles on a typical home in the US.
Coastal and metropolitan areas will cost more than roofs in rural areas. States like South Carolina, parts of Georgia, Louisiana, Oklahoma, and Kansas will have lower costs than New England, Mid-Atlantic, and West Coast States.
As you can see roof pricing is highly regional, because labor costs are insurance costs vary a lot in different parts of the country.
Note: Larger remodeling companies and general contractors will charge up to 30% more to install a new roof than a smaller roofing company. Reason being is that larger companies have some serious overhead costs that get priced into their roofing services.