Roof Replacement Costs in 2024
Uncover the appropriate cost for roofing services in 2024 to help you make well-informed financial choices for your upcoming roof replacement project.
The Price Palette
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Average price of roof replacement: $6,824 - $10,724
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Most affordable roof material: asphalt roofing at $3.50 - $5.50 per sq.ft.
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Most expensive roof material: slate roofing at $25 - $50 per sq.ft.
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Average ROI of a roof replacement: 60-70%
In This Article
Roof Replacement Costs by Material (2024)
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Roof Material: The type of roofing material you choose significantly impacts the overall cost of replacement. Whether it's asphalt shingles, metal, tile, or other options, each material comes with its own price tag.
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Roof Size: The size of your roof is a crucial determinant of the replacement cost. Larger roofs require more materials and labor, leading to higher expenses compared to smaller roof structures.
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Labor Rates: Labor costs play a key role in the total expenditure. Skilled labor often comes at a higher price, and the complexity of the replacement job can also influence the overall labor rates.
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Location: The geographical location of your property affects the cost due to variations in local building codes, accessibility, and even shipping expenses for roofing materials.
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Time of Year: The timing of your roof replacement project can impact pricing. Contractors may offer discounts during the winter, while high demand during spring and summer may result in increased costs.
5 Price Factors of Roof Replacement
In 2024, the average roof replacement cost is $6,824 - $10,724 in the United States. The cost of a roof replacement depends on the roof size, type and quality of shingles, and the roofing contractor’s labor rates. Roofing systems with underlying issues such as damage to the underlayment or decking will require additional costs to repair the problem areas.
How Much Does Roof Replacement Cost in 2024?
The total cost of replacing a roof increases with roof size. However, material costs for larger roofs tend to be less per square foot compared to smaller sized roofs due to in-bulk purchasing price differences. On average, roofs in the United States are around 1,940 square feet, but sizes vary based on geographical location.
Roof Price by Roof Size
Of the most commonly used roofing materials in the United States, the most expensive roofing options are slate and solar roofing. The cost of slate roofing ranges from $25 to $50 per square foot and solar roofing can cost as much as $30 or more per square foot depending on the brand.
Most Expensive Roofing Material
Based on a survey conducted of the top rated shingle manufacturers in the United States, the lowest cost roofing material is asphalt. The cost of asphalt shingles range from $20 to $30 per square (100 square feet), making them more than $700 less per square compared to the next ‘cheapest’ roofing material.
Lowest-Cost Roofing Material
Roof Size | Roof Price |
|---|---|
1100 sq.ft | $3,850.00 - $6,050.00 |
1200 sq.ft | $4,200.00 - $6,600.00 |
1300 sq.ft | $4,550.00 - $7,150.00 |
1400 sq.ft | $4,900.00 - $7,700.00 |
1500 sq.ft | $5,250.00 - $8,250.00 |
1600 sq.ft | $5,600.00 - $8,800.00 |
1700 sq.ft | $5,950.00 - $9,350.00 |
1800 sq.ft | $6,300.00 - $9,900.00 |
1900 sq.ft | $6,650.00 - $10,450.00 |
2000 sq.ft | $7,000.00 - $11,000.00 |
2100 sq.ft | $7,350.00 - $11,550.00 |
2200 sq.ft | $7,700.00 - $12,100.00 |
2300 sq.ft | $8,050.00 - $12,650.00 |
2400 sq.ft | $8,400.00 - $13,200.00 |
2500 sq.ft | $8,750.00 - $13,750.00 |
2600 sq.ft | $9,100.00 - $14,300.00 |
2700 sq.ft | $9,450.00 - $14,850.00 |
2800 sq.ft | $9,800.00 - $15,400.00 |
2900 sq.ft | $10,150.00 - $15,950.00 |
The cost of roof replacement is influenced by the home’s geographical location, with variations in local building codes, accessibility, and shipping expenses for roofing materials. The below table shows the average cost of roof replacement based on the median roof size in each U.S. state.
Average Roof Replacement Costs in The U.S. by State
State | Avg. Roof Replacement Cost |
|---|---|
Alaska | $6,019.40 - $9,459.05 |
Arizona | $6,125.00 - $9,625.00 |
Arkansas | $6,998.75 - $10,998.04 |
California | $5,930.56 - $9,319.44 |
Colorado | $5,259.07 - $8,264.25 |
Connecticut | $5,045.05 - $7,927.93 |
Delaware | $5,497.68 - $8,639.21 |
Florida | $5,630.99 - $8,848.70 |
Georgia | $5,456.27 - $8,574.14 |
Hawaii | $3,315.91 - $5,210.71 |
Idaho | $6,412.90 - $10,077.42 |
Illinois | $4,847.99 - $7,618.27 |
Indiana | $6,250.00 - $9,821.43 |
Iowa | $4,131.44 - $6,492.27 |
Kansas | $7,101.11 - $11,158.89 |
Kentucky | $5,718.95 - $8,986.93 |
Louisiana | $5,593.61 - $8,789.95 |
Maine | $4,422.38 - $6,949.46 |
Maryland | $4,372.70 - $6,871.38 |
Massachusetts | $3,933.07 - $6,180.54 |
Michigan | $3,966.67 - $6,233.33 |
Minisota | $4,681.82 - $7,357.14 |
Mississippi | $5,558.82 - $8,735.29 |
Missouri | $5,454.55 - $8,571.43 |
Montana | $8,076.92 - $12,692.31 |
Nebraska | $7,063.25 - $11,099.40 |
Nevada | $6,111.11 - $9,603.17 |
New Hampshire | $5,082.72 - $7,987.13 |
New Jersey | $6,132.88 - $9,637.39 |
New Mexico | $6,317.07 - $9,926.83 |
New York | $3,482.57 - $5,472.60 |
North Carolina | $6,023.16 - $9,464.96 |
North Dakota | $8,143.33 - $12,796.67 |
Ohio | $5,174.73 - $8,131.72 |
Oklahoma | $6,285.33 - $9,876.95 |
Oregon | $5,494.79 - $8,634.67 |
Pennsylvania | $4,512.69 - $7,091.37 |
Rhode Island | $5,640.50 - $8,863.64 |
South Carolina | $6,192.56 - $9,731.16 |
South Dakota | $6,185.67 - $9,720.33 |
Tennessee | $6,491.94 - $10,201.61 |
Texas | $6,700.00 - $10,528.57 |
Utah | $6,001.53 - $9,430.98 |
Vermont | $4,702.03 - $7,388.91 |
Virginia | $6,097.29 - $9,581.45 |
Washington | $4,634.38 - $7,282.60 |
West Virginia | $6,083.35 - $9,559.55 |
Wisconsin | $4,670.15 - $7,338.81 |
Wyoming | $8,501.84 - $13,360.03 |
Alabama | $7,964.07 - $12,514.97 |
Material | Cost |
|---|---|
Metal roofing | $9 - $15 |
BUR (Built up Roofing) | $5 - $10 |
Solar roofing | $20 - $30 |
Stone-coated roofing | $8 - $12 |
Slate roofing | $25 - $50 |
Clay roofing | $10 - $18 |
Wood roofing | $7.50 - $12.50 |
Asphalt / Composite | $3.50 - $5.50 |
The best time to replace your roof at a lower cost is often during off-seasons, like late fall or winter, when demand is lower. Look for mild weather conditions and keep an eye out for discounts and specials offered by roofing companies. Planning ahead and avoiding emergencies can help you secure competitive quotes from multiple contractors. While cost is important, ensure the quality of work and materials to avoid more extensive damage in the long run.
Best Time To Replace Your Roof
Average Cost of Roofing From 2000-2024
In This Article
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Pros:
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No interest payments or loan fees.
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Immediate access to funds without approval processes.
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Cons:
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Depletes savings, potentially impacting emergency funds.
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Not viable for large expenses if savings are limited.
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Pros:
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Can cover part or all of the cost in case of covered damage.
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Provides financial assistance for unexpected roofing issues.
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Cons:
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Approval process and documentation may be required.
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Coverage limitations and deductibles may apply.
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Pros:
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Fixed interest rates provide predictability.
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Lump sum amount for comprehensive roof replacement.
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Cons:
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Puts home at risk if unable to repay.
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Approval process and closing costs may apply.
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Pros:
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Flexibility to draw funds as needed.
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Interest-only payments during the draw period.
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Cons:
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Variable interest rates can increase over time.
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Requires discipline to avoid over borrowing.
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Pros:
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Unsecured, no collateral required.
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Quick approval process for smaller amounts.
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Cons:
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Higher interest rates compared to secured loans.
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Limited loan amounts for larger projects.
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Pros:
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Convenient for small, immediate expenses.
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No approval process, quick access to funds.
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Cons:
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High-interest rates can lead to significant debt.
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Not suitable for larger expenses without careful planning.
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6 Ways to Pay For Roof Replacement
Financing a roof replacement offers the advantage of spreading the cost over time, making it more manageable with monthly payments and preserving personal savings for other needs. It allows for immediate project commencement and access to higher-quality materials. However, drawbacks include interest payments, introducing a new debt obligation, the need for a favorable credit history for approval, the potential for overborrowing, variable interest rates, and, in some cases, the requirement of collateral, posing a risk if payments cannot be met. Careful consideration of these factors is essential to ensure that financing aligns with your budget and financial goals.
Financing Your Roof Replacement
First Time Buyer Tip
Get multiple quotes: Don't settle for the first quote you receive. Gather quotes from at least three reputable roofing contractors in your area. This will give you a better understanding of the average price range for your specific project and help you avoid overpaying or getting charged for unnecessary services.
In the United States, whether insurance companies will pay for your roof replacement depends on the specific circumstances and the cause of the damage. Generally, homeowner's insurance may cover the cost of a roof replacement if the damage is a result of a covered peril specified in your policy. Common covered perils include storms, hail, fire, vandalism, or other unexpected events.
Will Insurance Pay for Roof Replacement?
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Covered Perils: If the damage to your roof is caused by a covered peril, you may be eligible for insurance coverage. Review your insurance policy to understand what perils are covered.
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Policy Limits and Deductibles: Check your policy for coverage limits and deductibles. Insurance coverage may not exceed the policy limits, and you'll typically need to pay a deductible before the insurance kicks in.
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Regular Wear and Tear: Insurance usually doesn't cover damage resulting from normal wear and tear, aging, or lack of maintenance. If the damage is due to a lack of proper maintenance, insurance may not cover it.
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Filing a Claim: To determine if your roof replacement is covered, you'll need to file a claim with your insurance company. The claims process typically involves an inspection by an adjuster to assess the extent of the damage.
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Policy Review: Contact your insurance provider to discuss your specific situation and get clarity on coverage. It's essential to understand the terms and conditions of your policy.
Keep in mind that coverage can vary between insurance companies and policies, so it's crucial to carefully review your policy documents or consult with your insurance agent to determine the extent of coverage for a roof replacement. Additionally, prompt reporting of damages and adherence to the claims process are important steps in maximizing your chances of a successful insurance claim for roof replacement.
Key Considerations for Using Insurance to Cover Roof Replacement:
Does My Roof Warranty Cover the Cost of Roof Replacement?
To determine if your roof warranty will cover the cost of your roof replacement, you should follow these steps:
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Review Your Warranty Documents: Start by carefully reading through the warranty documents provided by the roofing manufacturer or installer. Look for specific terms and conditions related to coverage for roof replacements.
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Check Warranty Duration: Determine the duration of your roof warranty. Some warranties have limited coverage periods, and replacements may only be covered within a certain timeframe.
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Identify Covered Issues: Understand the types of issues that are covered by the warranty. Some warranties cover manufacturing defects, while others may include coverage for specific types of damage.
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Assess Maintenance Requirements: Check if the warranty has specific maintenance requirements. Some warranties may only be valid if you can demonstrate that you've followed recommended maintenance practices.
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Document the Issue: If you believe your roof has a covered issue, document the problem thoroughly. Take clear photos and gather any supporting evidence of the damage.
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Contact the Warranty Provider: Reach out to the roofing manufacturer or installer to inquire about the warranty coverage for your specific issue. Provide them with the documentation and details of the problem.
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Schedule an Inspection: In some cases, the warranty provider may require an inspection by their representative or an authorized inspector. Schedule an inspection to assess the extent of the issue.
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Understand Exclusions: Be aware of any exclusions mentioned in the warranty. Certain circumstances or types of damage may not be covered, so it's important to understand these exclusions.
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Consult a Professional: If you're uncertain about the terms of the warranty or need assistance in navigating the process, consider consulting with a professional roofing contractor or an attorney experienced in construction law.
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Follow Warranty Claim Process: If your roof issue is deemed eligible for warranty coverage, follow the specific claims process outlined in the warranty documents. This may involve submitting a formal claim and providing additional documentation.
Saving money on a roof replacement project requires careful planning and consideration of various factors. Here are some tips to help you reduce costs:
Get Multiple Quotes: Obtain quotes from multiple roofing contractors. This will give you a better understanding of the average cost in your area and allow you to choose a competitive option.
Consider Off-Peak Seasons: Roofing contractors may have lower demand during off-peak seasons. Consider scheduling your roof replacement during these times, as some contractors may offer discounts to attract business.
DIY Preparation: If you're comfortable with basic tasks, consider doing some preparatory work yourself, such as removing satellite dishes or antennas. However, leave the actual roofing work to professionals for safety and quality assurance.
Choose Energy Efficient Roofing: Choose roofing materials that offer energy efficiency benefits. While they may have a higher initial cost, energy-efficient materials can lead to long-term savings on heating and cooling costs.
Maintenance and Inspections: Regularly maintain your roof to extend its lifespan. Schedule periodic inspections to identify and address issues early on, preventing the need for premature replacement.
Negotiate and Clarify: When discussing quotes with contractors, don't hesitate to negotiate. Clarify the scope of work, warranties, and any potential additional costs upfront to avoid surprises later.
Remember that while it's important to save money, compromising on the quality of materials or workmanship may lead to costly repairs in the future. Prioritize durability and choose reputable contractors to ensure a long-lasting and reliable roof.