2026 U.S. Guide Highlights
Cushman & Wakefield’s Office Fit Out Cost Guide evaluates current costs for projects across 42 U.S. cities.
In 2026, moderating inflation and sluggish construction activity has eased some pressures, but skilled labor shortages and rising material costs continue to drive project budgets upward. Contractors across the region still expect both labor and material prices to rise over the next six months, keeping overall cost pressures elevated.
Key cost guide findings include:
- The U.S. recorded a 5% annual rise, led by sharp escalations in Boston, Los Angeles and Charlotte.
- San Francisco, San Jose and Seattle remain the most expensive markets, driven by high labor costs, seismic standards and strict building codes.
- Electrical work continues to be the largest contributor to overall project costs, while contractors report labor shortages and tariff-driven pressures, often absorbing cost increases due to competition.
