Enter the total price of the building and the total square footage of the house or unit to calculate the cost per square foot.

## Cost Per Square Foot Formula

The following formula is used to calculate the cost per square foot or a building.

CPSF = TC / A

- Where CPSF is the cost per square foot
- TC is the total cost of the building
- A is the total area in square footage

## Cost Per Square Foot Definition

A cost per square foot is a cost per unit of area typically used in real estate to describe the value of a property by area.

## Cost Per Square Foot Example

How to calculate a cost per square foot?

**First, determine the total cost of the building.**Calculate the total cost of the building/floor/unit.

**Next, determine the total area.**Calculate the total area.

**Finally, calculate the cost per square foot.**Calculate the cost per square foot using the equation above.

## FAQ

**What is the average cost per square foot for a house?**

The average cost per square foot for the US is $111.05.