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49. California. Estimated cost to build a house: $259,726 Estimated hourly labor cost: $21.26 California isn't far behind Hawaii when it comes to the high cost of building a home in the state.
In Sacramento, California, Palmer said it costs Taylor Morrison more than $100,000 in fees and permitting costs to start construction on a home, compared to $25,000 in parts of Texas.
In 2021, a state's percentage of the construction workforce belonging to a construction union varied from a low of 1.8% (South Carolina) to a high of 34.5% (Illinois), with 25 states having lower unionization rates than the U.S. construction industry's average of 12.6%.
With today’s exorbitant cost of living, some of those suburbs may come with a heftier price tag in 2025. Check Out: 3 Best States To Buy Property in the Next 5 Years, According to Experts
The Davis–Bacon Act of 1931 is a United States federal law that establishes the requirement for paying the local prevailing wages on public works projects for laborers and mechanics. It applies to "contractors and subcontractors performing on federally funded or assisted contracts in excess of $2,000 for the construction, alteration, or ...
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
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