These prices exclude land, site works, professional fees, tenant fit-out, and equipment. Rates exclude GST/VAT. Exchange rates to U.S. dollars as of the first half of 2024 (Q3 2024 in the case of the United Arab Emirates and Saudi Arabia).
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Global educational building costs by select city 2024
The major cities in the U.S. had on average the highest building costs for primary and secondary schools in 2024. That year, primary and secondary schools in New York cost over ***** U.S. dollars per square meter to construct, while it cost *** U.S. dollars per square meter in Johannesburg. The value of new construction in the United States has been increasing during the past years.
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ASAQS. (October 9, 2025). Average primary and secondary school building costs in selected cities worldwide in 2024 (in U.S. dollars per square meter) [Graph]. In Statista. Retrieved May 07, 2026, from https://www.statista.com/statistics/758120/global-school-building-costs-in-cities/
ASAQS. "Average primary and secondary school building costs in selected cities worldwide in 2024 (in U.S. dollars per square meter)." Chart. October 9, 2025. Statista. Accessed May 07, 2026. https://www.statista.com/statistics/758120/global-school-building-costs-in-cities/
ASAQS. (2025). Average primary and secondary school building costs in selected cities worldwide in 2024 (in U.S. dollars per square meter). Statista. Statista Inc.. Accessed: May 07, 2026. https://www.statista.com/statistics/758120/global-school-building-costs-in-cities/
ASAQS. "Average Primary and Secondary School Building Costs in Selected Cities Worldwide in 2024 (in U.S. Dollars per Square Meter)." Statista, Statista Inc., 9 Oct 2025, https://www.statista.com/statistics/758120/global-school-building-costs-in-cities/
ASAQS, Average primary and secondary school building costs in selected cities worldwide in 2024 (in U.S. dollars per square meter) Statista, https://www.statista.com/statistics/758120/global-school-building-costs-in-cities/ (last visited May 07, 2026)
Average primary and secondary school building costs in selected cities worldwide in 2024 (in U.S. dollars per square meter) [Graph], ASAQS, October 9, 2025. [Online]. Available: https://www.statista.com/statistics/758120/global-school-building-costs-in-cities/
