# Historical Cost Indexes

The table below lists both the RSMeans8 historical cmt: indexbased on Jan. 1, 1993 

# =100 as well as the computed value ofan m.dex based on Jan. 1, 2015 costs. Since the Jan. 1, 2015 figure is estimated, 

### space is left to write in the actual index figures as they become available through either the quarterly

### RSMeans Construction CostIndexes or as printed in 

### tistorical CUrrent tldex 

### Costhlex Based on 

### HisiDrical Costhlex the 

### Engineering Nef.m-Record. To compute the actual indexbased onJan. 1, 2015 

# =100, divide the historical 

### cost m.dex fur 

### a particular

### year bythe actual Jan. 1, 2015 construction cmt: index. Space has been left to advance the index figures as the year

### progresses.



### CUrrent hlex 

### tlstorical 

## c

..

rent**t~dex** 

### Based on 

### Cost hdex 

### Based 

### on 

### Year Jan. 

### 1, 1993 

## =100 Jan. 

### 1, 2015 

## =100 

### Year Jan. 1, 1993 

## =100 Jan. 1, 2015 

## =100 

### Year Jan. 1, 1993 

## =100 Jan. 

### 1, 2015 

## =100 

### Est Actual 

### Est. Actual Actual 

### Oct 2015* J(jy 

### 2000 120.9 July 

### 2015* 1999 117.6 ,April 

### 2015* 1998 115.1 Jan 

### 2015* 206.7 100.0 100.0 1997 112.8 July 

### 2014 204.9 99.1 1996 110.2 2013 201.2 973 1995 107.6 2012 194.6 94.1 

### 1994 104.4 2011 191.2 92.5 1993 101.7 2010 183.5 

### 88.8 1992 99.4 2009 180.1 87.1 1991 96.8 2008 180.4 87.3 1990 94.3 2007 169.4 82.0 1989 92.1 2006 162.0 78.4 1988 89.9 2005 151.6 73.3 1987 87.7 2004 143.7 69.5 1986 84.2 2003 132.0 63.9 1985 82.6 2002 128.7 62.3 1984 82.0 2001 125.1 60.5 1983 80.2



## ..............to Cuts The "Historical Cost Index" can be used to convttt 

### national m:rngt: building costs at a particular time to the approximate building costs

### tor some other time.



## b:a111plea**~** and 

### compan: construction 

### costs fur different years in the 

### same dty. 1b estimare the national m:rngt: construction cost of a building in 1970, knowing that it cmt: $900,000 in 2015: INDEX in 1970 

## =28.7 INDEX in 2015 

# =2rxl.7

Not£: The city cost indexes fur Canada can be used to convttt U.S. 

### national averages to local 

### costs in C.anadjan dolla!s.



## b:a111ple:
To estimate and comtme the cmt: ofa building inThronto, ON in 2015 withthe known cmt: of $600,000 (US$) inNewYotk, NY ln 2015: INDEX1bronto 

# =110.9 INDEX NewYotk 

## = 131.8

INDEXToronto

---- x Cost NewYotk 

## =CostToronto INDEX NewYotk 110.9 - X $600,000 

# =.841 X $600,000 

# =$504,6oo 131.8

The construction cmt: of the building inToronto is $504,6oo (CN$). 

### Est. Actual 

### Actual 

### 58.5 July 

### 1982 76.1 56.9 1981 70.0 55.7 1980 62.9 54.6 1979 57.8 53.3 1978 53.5 52.1 1977 49.5 50.5 1976 46.9 49.2 1975 44.8 48.1 

### 1974 41.4 46.8 1973 37.7 45.6 1972 34.8 44.6 1971 32.1 43.5 1970 28.7 42.4 1969 26.9 40.7 1968 24.9 40.0 1967 23.5 39.7 1966 22.7 38.8 

### ,. 1965 21.7

TimeAdjustment usingthe mstorkal CostInttexes:
Index 

### torYearA**----xCost:inYearB=~~inYearA** Index 

### torYear B

INDEX 1970

--- X Cost 2015 

# = <m 1970 INDEX 2015
28.7 $ $ 

### $ - X 9()0,000 

# =.139 X 900,000 

# = 125,100 

### 2rxl.7

The construction cost ofthe building in 1970 is $125,100.**~** Cost Index updates and other l'C501.lR:CS are provided on the fullowing website.**~/mro.~~~~~~~~~** 

### Est. Ac:bJal 

### 36.8 33.9 30.4 28.0 25.9 23.9 22.7 21.7 20.0 18.2 16.8 15.5 13.9 13.0 12.0 11.4 11.0 10.5