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 of 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 the 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?

1. First, determine the total cost of the building.

Calculate the total cost of the building/floor/unit.

2. Next, determine the total area.

Calculate the total area.

3. 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.