Asphalt shingles remain the most popular residential roofing material in America. While not the most durable option around, composition shingles aka fiberglass mat asphalt shingles are often the most economical option. Composition shingles typically make for a quick installation and continue to be improved upon.
Since the 1980s, fiberglass shingles have effectively displaced the traditional organic asphalt shingles that weren’t as durable. The cost of materials and installation has stayed relative to the rate of inflation.