Whitestone Research Reveals North America's Most and Least Expensive Cities for Facility Maintenance and Repair
Sept. 20, 2005
New York City has highest maintenance and repair costs in the United States, according to a recent survey
Whitestone Research announces its ninth edition of the Whitestone Building Maintenance and Repair Cost Reference, 2005-2006. The 2005-2006 version provides detailed maintenance and repair cost statistics for 200 U.S. metropolitan areas and 10 Canadian cities.
The average maintenance and repair (M&R) cost per square foot in the survey ranged from $3.66 in New York City to $1.20 in Beaufort, SC. In Washington, D.C., the benchmark city for Whitestone's Building M&R Cost Reference, the cost increased by 4.7 percent over the past year. The overall M&R costs for the 200 U.S. cities increased by 5.2 percent in 2004.
