Whether you’re calculating the cost of an asphalt driveway or an asphalt parking lot, there are a few factors to consider that will help you determine the final cost.

## How Big is the Driveway or Parking Lot?

To find the square footage of the project, you will multiply the length by the width. For example, a 10′ wide x 30′ long driveway would be 300 square feet. **10′ × 30′ = 300 ft ^{2}**

## How Thick Will the Asphalt Be?

Asphalt can be installed in different thicknesses. In general, 2″ is the minimum thickness. An example residential driveway would be 2.5″ thick.

An example parking lot with light-duty usage would be 3-4″ thick. Heavy-duty parking lots would be 4-8″ thick.

## How Thick Will the Asphalt Base Be?

Asphalt is commonly installed over a base of compacted crushed rock. As a general idea, a residential driveway installed over a sandy surface would have a 6″ compacted crushed gravel base, and a driveway installed over clay would have an 8″ compacted crushed gravel base. Parking lots would also have an 8″ crushed gravel base.

## How Much Will My Asphalt Driveway or Parking Lot Cost?

The cost of an asphalt driveway or parking lot will depend on the size, the local labor rates, and the amount of labor needed to prepare the surface. Costs will increase if you need to remove an existing driveway.

As you can see, to get an accurate estimate, you’ll need to have an expert determine what is necessary and to calculate the estimated cost. Fill out the quick form below and one of our experts will provide you with a free & timely estimate.