How to Price a Concrete Driveway: Step-by-Step
The Concrete Driveway Pricing Formula
Step 1: Measure
Length × width = square footage. A typical 2-car driveway: 20ft × 20ft = 400 sq ft.
Step 2: Calculate Concrete Needed
At 4" thickness: 400 sq ft ÷ 81 = 4.9 cubic yards. Add 10% waste = 5.4 yards.
Step 3: Price Materials
- Ready-mix: 5.4 yards × $185/yard = $999
- Rebar/mesh: $300
- Forms: $200
- Base gravel: $180
- Materials total: ~$1,680
Step 4: Price Labor
- Demo existing: 8 hours × $45/hr × 2 workers = $720
- Prep and forms: 6 hours × $45 × 2 = $540
- Pour and finish: 4 hours × $55 × 3 = $660
- Labor total: ~$1,920
Step 5: Add Overhead + Profit
- Disposal fees: $400
- Equipment rental: $200
- Overhead (15%): $630
- Profit (15-20%): $840
Final Price: $5,670
Range for a 400 sq ft driveway: $5,000-7,000 depending on market, complexity, and finish type. Stamped or colored adds $2-4/sq ft.
Your next step: Use this formula for your next driveway quote. Adjust rates for your local market.