paved driveway cost
1 Macadam typically lasts 6-10 years and provides the decorative and rustic appearance of a gravel driveway but with a firm base. 2  An asphalt driveway costs about $2 -$5 a square foot, or $1,200 -$3,000 for 12'x50' to $31,000 -$75,000 for a 12' lane a quarter mile long. A gravel driveway starts at roughly $0.75 -$3 or more a square foot, or $300 -$1,000 for a 12'x25' single-car driveway. 2  Costs can double for a roadway-quality driveway. 3  Loose gravel will need replenishing periodically, but a correctly designed, installed and maintained gravel driveway can last 50-100 years or more.