Proprietary index
Georgia Construction Cost Index — construction cost
Tracks residential construction cost in Georgia: materials, labour, energy. Acts as a floor for new-build sale prices.
Latest value · 2025
146
Change since 2020
+46.0%
Cadence
Quarterly
2020 = 100
History
Formula
50% materials basket (steel, concrete, glass, aluminium), 35% labour hourly cost, 15% energy. Base 100 in 2020.
Components
Materials
50%
+42% vs 2020
Geostat 2025
Labour
35%
+51% vs 2020
Geostat 2025
Energy
15%
+28% vs 2020
GNERC 2025
Interpretation
Costs up 46% since 2020. Developers pass this through to sale prices: little room for new-build price cuts.
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