Asphalt typically costs about $0.75 to $2.00 per square foot for materials and about $3 to $7 per square foot installed for a typical residential project. For a driveway, one recent estimate puts the average total around $5,271 , with a normal range of $3,131 to $7,411.

Typical price ranges

  • Materials only: $0.75 to $2.00 per square foot.
  • Installed: $3 to $7 per square foot.
  • By the ton: $40 to $80 per ton, plus delivery.

What changes the price

  • Project size: Bigger jobs usually lower the per-square-foot cost.
  • Labor rates: Local labor can shift the final price a lot.
  • Type of asphalt: Standard, porous, recycled, stamped, or heated asphalt can vary widely in cost.

Quick example

A typical 600-square-foot driveway at $3 to $7 per square foot installed would run about $1,800 to $4,200.

If you want, I can also estimate the cost for your specific driveway size or parking lot area.