Are you trying to decide between an asphalt roof and a metal roof but unsure which is more budget-friendly for your home? The answer isn’t as simple as it seems. It’s important to understand the costs of both options to make a smart choice.
In 2024, the prices vary a lot. A new asphalt shingle roof costs between $6,000 and $9,800. On the other hand, a metal roof can cost from $15,000 to $24,500 for homes of similar size. Durability, maintenance, and lifespan are key factors in determining the cost-effectiveness of each option. Let’s explore which one offers the best value for your money.
Key Takeaways
- Average cost of an asphalt shingle roof: $6,000 to $9,800.
- Average cost of a metal roof: $15,000 to $24,500.
- Factors like roof size, pitch, complexity, and material quality can influence costs.
- Metal roofs typically have higher installation costs due to the complexity of the work.
- Asphalt shingles may be more budget-friendly initially, but metal roofs offer long-term savings on maintenance and durability.
Cost Comparison of Asphalt and Metal Roofs
When looking at the cost difference between asphalt and metal roofs, several factors matter. Homeowners often compare the upfront and long-term costs of these options. They look for affordable roofing materials.
Asphalt roofing is cheaper, costing between $3.50 and $5.50 per square foot. For a typical home, this means a total cost starting at $7,500. Metal roofing, on the other hand, costs more at first. It ranges from $4 to $6.50 per square foot for sheet metal, up to $30 per square foot for standing seam roofs.
Several things affect the cost of both roofing types. Removing old materials and labor costs a lot. Asphalt shingles are quicker to install, taking just one to two days. Metal roofing, however, takes longer and needs specialized workers, increasing the cost.
But cost isn’t everything. Asphalt shingles last 15 to 30 years, while metal roofs last 30 to 50 years. Some metal roofs can last up to 70 years. This means metal roofs are more durable and require less maintenance, saving money in the long run.
Also, the environmental impact of roofing materials is important. Asphalt shingles contribute to landfills, while metal roofing is mostly recyclable. Metal roofs also reflect heat in warmer climates, making them more energy-efficient and cost-effective over time.
A look at initial installation costs shows big differences:
- Asphalt Roofs: Basic three-tab shingles cost $1–$3 per square foot, with labor around $2 per square foot. Premium architectural shingles cost $2–$4 per square foot.
- Metal Roofs: Sheet metal costs $4–$6.50 per square foot; metal shingles, $7–$22 per square foot; corrugated roofs, $4–$26 per square foot; and standing seam roofs, $9–$30 per square foot.
While metal roofing costs more at first, it becomes more affordable over time. It can save homeowners $50,000 to $100,000 in the long term, thanks to energy savings and lower maintenance.
Pros and Cons of Asphalt and Metal Roofing
When choosing between asphalt and metal roofing, homeowners must consider cost, durability, and environmental impact. Each type has its own benefits and drawbacks. This makes some options better for certain needs and situations.
- Cost: Cost is a key factor. Asphalt shingles cost between $60 to $90 per 100 square feet. Installation costs about $6 to $10 per square foot. Metal roofs, however, are pricier, ranging from $400 to $3,000 per 100 square feet. Installation costs can be $10 to $20 per square foot.
- Durability and Lifespan: Metal roofs last longer than asphalt shingles. They come with warranties from 30 to 50 years and can last 40 to 70 years or more. With proper care, they can last over 100 years. Asphalt shingles have warranties from 15 to 30 years and need replacing every 15 to 25 years.
- Maintenance: Asphalt roofs need regular upkeep, like cleaning moss and checking for cracks. Metal roofs, on the other hand, require little maintenance. They can also withstand extreme weather, like heavy snow and hailstorms, reducing repair needs.
- Environmental Impact: Metal roofing is more eco-friendly than asphalt shingles. They are often made from recycled materials and can be fully recycled. Metal roofs also help keep homes cool, making them more energy-efficient. Asphalt shingles, however, contribute to environmental waste, with 12 million tons ending up in landfills each year.
- Energy Efficiency: Metal roofs reflect heat, which can lower cooling costs in summer. Asphalt shingles are less effective, leading to higher energy bills.
- Resale Value and Insurance: Metal roofs can increase a home’s value. They are a desirable feature for many buyers. Insurance companies may also offer discounts for homes with metal roofs. Homeowners may also qualify for tax credits by installing metal roofing.
Asphalt roofs are cheaper upfront and easier to install. But metal roofs offer longer life, less maintenance, and significant savings over time. Knowing the pros and cons helps homeowners make the best choice for their budget, climate, and home features.
Is an asphalt roof cheaper than a metal roof?
When comparing asphalt and metal roofs, several key factors matter. These include the initial cost, how long they last, upkeep needs, and long-term savings. Asphalt shingle roofs usually cost between $7,000 and $10,000. Metal roofs, on the other hand, can range from $12,000 to $20,000. This makes asphalt roofs seem more affordable at first glance.
Asphalt shingles last about 20 to 25 years. Metal roofs, however, can last 50 to 70 years. This longer lifespan makes metal roofs more cost-effective over time. Metal roofs are also fire-resistant and handle bad weather better than asphalt shingles.
Maintenance is another crucial factor. Asphalt shingle roofs need yearly checks and upkeep. Metal roofs, however, require almost no maintenance. This lack of upkeep helps metal roofs save money in the long run.
Installation time also affects costs. Asphalt roofs can be put up in 1 to 3 days. Metal roofs, due to their complex installation, take 2 to 4 days or even up to a week. This longer installation time can increase labor costs.
Energy efficiency is also a factor. Metal roofs are more energy-efficient, saving up to 25% on energy bills compared to asphalt roofs. These savings make metal roofs more appealing over time.
Lastly, environmental impact is important. About 12 million tons of asphalt waste end up in landfills each year. Metal roofs, being eco-friendly and recyclable, are a greener choice.
In conclusion, when deciding between asphalt and metal roofs, look beyond the initial cost. Consider longevity, maintenance, long-term savings, environmental impact, and energy efficiency. This way, homeowners can make a choice that fits their needs and circumstances.
Conclusion
Asphalt and metal roofing have their own benefits, depending on what you need and can afford. Asphalt shingles cost between $4.00 and $8.00 per square foot. They are a good choice if you want to save money upfront.
Metal roofing costs more, from $4.50 to $16.00 per square foot. But it lasts longer and can save you money in the long run.
Asphalt shingles last 15 to 30 years and need regular care. Metal roofs, on the other hand, can last 40 to 70 years with little upkeep. They also save energy and are good for the environment.
When it comes to selling your home, asphalt shingles can increase its value by 62.9%. Metal roofs can raise it by up to 6%. They also lower insurance costs and save you money over time.
Choosing between asphalt and metal roofing depends on your budget and needs. By considering these points, you can make a smart choice. This will help you get a roof that is durable, cost-effective, and looks great.