The Cost of a New Roof: Ranking the Cheapest to Most Expensive Options

If you're thinking about getting a new roof, one of the first questions you'll have is, "How much will it cost?" The answer can vary a lot depending on the type of roof you choose. Different materials have different prices, and the size of your roof, as well as any damage underneath, can also affect the final cost. That is why contractors create custom roofing estimates for each job. But there are some general trends you can keep in mind when planning your roofing project. Here is a look at different types of roofs, ranked from most expensive to least expensive. Roofing costs vary widely throughout the country and on a per-contractor basis, so be sure to check with trusted, local roofing professionals to get an accurate estimate.

Slate Roofs

Cost: $$$$$

The cost of a slate roof is typically the highest at about $22 per square foot. Slate is a natural stone, which makes it very durable and long-lasting. For instance, slate is fire resistant, making it a great choice in areas prone to wildfires. 

A slate roof can last over 100 years! It also looks very elegant and can increase the value of your home. However, slate is very heavy and can require extra structural support to hold it up, which can add to the cost. Also, installing a slate roof is a job for specialists, and their labor is more expensive.

Trade-offs: While slate is the most expensive roofing material, these roofs are also long-lasting and beautiful. If you plan to stay in your home for a long time and want it to look great, a slate roof might be worth the investment.

Composite Roofs

Cost: $$$$

Composite roofs are made from a mix of materials like polymers, rubber, fiberglass, and metal and usually cost about $12 per square foot. They can mimic the look of natural materials like wood or slate but are often cheaper. Composite roofs are also durable and can last 30 to 50 years. They are lighter than slate and easier to install and stand up well to extreme weather events like very hot or very cold temperatures, as well as fire.

Trade-offs: The cost of a composite roof is less than slate, making it a good middle-ground option. Composites are not as cheap as some materials but offer a good balance of durability, looks, and price. Since there are many types of composite options, it's important to choose a composite roofing material that is specifically rated for your local climate to ensure long-lasting performance.

Metal Roofs

Cost: $$$

Metal roofs come in a variety of styles and materials, like aluminum, steel, and copper. The cost can vary widely depending on the type of metal, and the average is about $12/square foot . For example, copper is more expensive than steel or aluminum. Metal roofs are known for being durable and can last 30 to 50 years. They can resist all types of extreme conditions, including fire and heavy wind, hail, and snow. They are also lightweight and can sometimes be installed over an existing roof, which can save money on labor costs.

Trade-offs: Metal roofs are mid-range in price but offer benefits including great durability in all climates and a modern look. They can be noisy during rainstorms, and some people don't like the look of metal roofs, but they are a practical choice for many homes.

Wood Shingles / Wood Shake Roofs

Cost: $$$

Wood shingles and shakes are made from cedar, redwood, or other types of wood. Shingles are machine-cut and have a smooth, uniform look, while shakes are hand-cut and have a more rustic appearance. These types of roofs last the longest in mild, drier climates where extreme weather events are rare. Wood roofs can last 20 to 40 years if properly maintained and cost, on average, about $10 per square foot.

Trade-offs: Wood roofs look natural and beautiful but require regular maintenance to prevent rot, mold, and insect damage. Wood shingles are more vulnerable to high humidity and fire than some other options. They can be a good choice in drier climates, offering a  natural, traditional look.

Tile Roofs

Cost: $$

Though the cost of tile roofs (averaging about $10 per square foot) is lower than some other options, clay and concrete tiles are durable and can last 50 years or more. They are heavier than other materials and might require extra support. Tile roofs are common in Mediterranean and Spanish-style homes and have a distinctive, elegant look. Tiles hold up well in hot, sunny weather and have good salt and moisture resistance. 

Trade-offs: Tile roofs are durable and long-lasting but can be expensive to install due to their weight. They are also prone to cracking if something heavy falls on them, but individual tiles can be replaced without redoing the entire roof. Tile roofs are not ideal for areas with harsh winters, since repeated freezing and thawing can cause them to crack.

Asphalt Shingle Roofs

Cost: $$

Coming in at about $3.50 per square foot, asphalt shingles are the most common type of roofing material. They are affordable, easy to install, and come in a variety of colors and styles. Asphalt shingles can last 15 to 30 years depending on the quality and climate. Asphalt shingles are ideal for a wide range of climates, including moderate and cool regions, due to their durability and ability to withstand varying temperatures. 

Modern asphalt shingles can be modified with polymer, which helps them last longer and gives them the durability of metal roofing. 

Trade-offs: Asphalt shingles are a cost-effective choice and work well for many homes. However, they don't last as long as some other materials and can be less durable in areas with extreme weather conditions such as very hot temperatures.

Built-Up Roofing (BUR)

Cost: $

Built-up roofing (BUR) is another inexpensive option that costs around $3.50 per square foot. BUR is commonly used on flat roofs. It is made of layers of bitumen (asphalt) and reinforcing fabrics. A top layer of gravel is often added for protection. These materials create a continuous sealed surface that resists leaks and withstands varying weather conditions in wet or sunny climates.

Trade-offs: One of the cheaper roofing options, BUR works well for flat roofs but is not suitable for sloped roofs. It can also be heavy, so the roof structure must be strong enough to support it.

Rolled Roofing

Cost: $

At about $1.50 per square foot, rolled roofing is one of the cheapest roofing materials. It is made of the same materials as asphalt shingles but comes in large rolls. This type of roofing is often used for low-slope or flat roofs and can be installed quickly.

Trade-offs: Rolled roofing is very affordable and easy to install but doesn't last as long as other materials. It's typically used for sheds, garages, and other outbuildings rather than homes. It is less durable and may not hold up well in extreme weather conditions, such as heavy snow, high winds, or intense heat, making it less ideal for harsh climates.

Choose the Right Roof for Your Budget

Picking the right type of roof for your home involves considering more than just the cost. You also need to think about how long the roof will last, how it will look, and how much maintenance it will require. While slate roofs are the most expensive, they offer unmatched durability and beauty. Composite and metal roofs provide a good balance of cost, durability, and appearance. Wood shingles and shakes offer a natural look but need more maintenance. Asphalt shingles are the most budget-friendly and versatile. Clay and concrete tiles are durable but heavy, and rolled roofing and BUR are inexpensive options for specific types of roofs.

By understanding what goes into the costs for each type  and trade-offs of each type of roofing material, you can make a more informed decision that fits your budget and meets your needs.

Reach out to the trusted team at Honest Abe Roofing to schedule a free estimate for installing or replacing your roof. Our certified roofing professionals will discuss the pros and cons of each option to find the most durable option that fits in your budget.