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Office construction cost

Edmonton office construction price index.

113.0 in Q2 2026 against 2023 = 100. +3.7% over the year.

Index113.0
Quarterly change+1.1%
Annual change+3.7%
Five-year change+32.3%
Ten-year change+45.8%
Quarters published182

Trend

Q1 1981 to Q2 2026. The dashed line is the 2023 base.

204060801001201981198619911996200120062011201620212026113.0

Fit-out trades

By MasterFormat division, ranked by annual change. Published from Q1 2017.

Trade divisionIndexAnnual changeFive-year changeSince
Plumbing127.7+7.3%+43.8%Q1 2017
Conveying equipment116.8+5.0%+29.8%Q1 2017
Heating, ventilation and air conditioning118.9+4.5%+28.8%Q1 2017
Finishes113.0+3.8%+43.6%Q1 2017
Openings107.8+2.3%+34.4%Q1 2017
Communications108.7+1.5%+26.7%Q1 2017
Electrical109.8+0.3%+16.1%Q1 2017
Fire Suppression105.7-3.3%+18.0%Q1 2017

Quarterly history

Every published quarter, newest first.

182 quarters
QuarterIndexRelative to 2023
Q2 2026113.0+13.0%
Q1 2026111.8+11.8%
Q4 2025110.5+10.5%
Q3 2025110.0+10.0%
Q2 2025109.0+9.0%
Q1 2025107.6+7.6%
Q4 2024106.4+6.4%
Q3 2024105.9+5.9%
Q2 2024104.9+4.9%
Q1 2024103.7+3.7%
Q4 2023101.4+1.4%
Q3 2023100.6+0.6%
Q2 202399.5-0.5%
Q1 202398.6-1.4%
Q4 202297.5-2.5%
Q3 202296.4-3.6%
Q2 202294.6-5.4%
Q1 202291.7-8.3%
Q4 202189.8-10.2%
Q3 202187.8-12.2%
Q2 202185.4-14.6%
Q1 202182.2-17.8%
Q4 202081.7-18.3%
Q3 202081.9-18.1%
Q2 202081.9-18.1%
Q1 202082.3-17.7%
Q4 201982.0-18.0%
Q3 201982.0-18.0%
Q2 201981.7-18.3%
Q1 201981.7-18.3%
Q4 201881.1-18.9%
Q3 201880.6-19.4%
Q2 201879.8-20.2%
Q1 201879.1-20.9%
Q4 201778.7-21.3%
Q3 201778.4-21.6%
Q2 201778.2-21.8%
Q1 201778.1-21.9%
Q4 201678.0-22.0%
Q3 201677.7-22.3%
Q2 201677.5-22.5%
Q1 201678.7-21.3%
Q4 201579.9-20.1%
Q3 201579.8-20.2%
Q2 201580.9-19.1%
Q1 201580.5-19.5%
Q4 201480.9-19.1%
Q3 201480.9-19.1%
Q2 201480.9-19.1%
Q1 201480.5-19.5%
Q4 201379.9-20.1%
Q3 201379.7-20.3%
Q2 201379.4-20.6%
Q1 201379.2-20.8%
Q4 201279.2-20.8%
Q3 201279.0-21.0%
Q2 201278.9-21.1%
Q1 201278.3-21.7%
Q4 201177.2-22.8%
Q3 201176.8-23.2%
Q2 201176.2-23.8%
Q1 201175.5-24.5%
Q4 201074.9-25.1%
Q3 201074.6-25.4%
Q2 201074.4-25.6%
Q1 201071.9-28.1%
Q4 200970.8-29.2%
Q3 200971.8-28.2%
Q2 200971.5-28.5%
Q1 200972.9-27.1%
Q4 200878.4-21.6%
Q3 200883.0-17.0%
Q2 200880.5-19.5%
Q1 200876.0-24.0%
Q4 200773.8-26.2%
Q3 200772.7-27.3%
Q2 200770.3-29.7%
Q1 200767.1-32.9%
Q4 200664.9-35.1%
Q3 200661.2-38.8%
Q2 200659.1-40.9%
Q1 200656.6-43.4%
Q4 200555.9-44.1%
Q3 200554.9-45.1%
Q2 200554.2-45.8%
Q1 200552.9-47.1%
Q4 200452.5-47.5%
Q3 200451.9-48.1%
Q2 200450.9-49.1%
Q1 200450.0-50.0%
Q4 200349.1-50.9%
Q3 200348.8-51.2%
Q2 200348.7-51.3%
Q1 200348.4-51.6%
Q4 200248.0-52.0%
Q3 200247.9-52.1%
Q2 200247.4-52.6%
Q1 200247.1-52.9%
Q4 200146.8-53.2%
Q3 200146.7-53.3%
Q2 200146.5-53.5%
Q1 200146.3-53.7%
Q4 200046.1-53.9%
Q3 200045.4-54.6%
Q2 200044.9-55.1%
Q1 200044.3-55.7%
Q4 199943.9-56.1%
Q3 199943.7-56.3%
Q2 199943.6-56.4%
Q1 199943.1-56.9%
Q4 199843.0-57.0%
Q3 199842.7-57.3%
Q2 199842.6-57.4%
Q1 199842.4-57.6%
Q4 199742.0-58.0%
Q3 199741.8-58.2%
Q2 199741.4-58.6%
Q1 199741.1-58.9%
Q4 199640.9-59.1%
Q3 199640.8-59.2%
Q2 199640.7-59.3%
Q1 199640.5-59.5%
Q4 199540.5-59.5%
Q3 199540.3-59.7%
Q2 199540.2-59.8%
Q1 199540.1-59.9%
Q4 199439.5-60.5%
Q3 199439.3-60.7%
Q2 199439.2-60.8%
Q1 199438.9-61.1%
Q4 199338.7-61.3%
Q3 199338.7-61.3%
Q2 199338.8-61.2%
Q1 199338.7-61.3%
Q4 199238.9-61.1%
Q3 199238.8-61.2%
Q2 199238.4-61.6%
Q1 199238.1-61.9%
Q4 199138.0-62.0%
Q3 199138.0-62.0%
Q2 199138.1-61.9%
Q1 199138.2-61.8%
Q4 199038.3-61.7%
Q3 199038.3-61.7%
Q2 199038.3-61.7%
Q1 199037.9-62.1%
Q4 198937.2-62.8%
Q3 198936.7-63.3%
Q2 198935.6-64.4%
Q1 198934.5-65.5%
Q4 198831.3-68.7%
Q3 198831.0-69.0%
Q2 198830.7-69.3%
Q1 198830.7-69.3%
Q4 198730.7-69.3%
Q3 198730.5-69.5%
Q2 198730.3-69.7%
Q1 198730.1-69.9%
Q4 198629.9-70.1%
Q3 198629.7-70.3%
Q2 198629.5-70.5%
Q1 198629.7-70.3%
Q4 198529.8-70.2%
Q3 198529.7-70.3%
Q2 198529.5-70.5%
Q1 198529.7-70.3%
Q4 198430.0-70.0%
Q3 198430.2-69.8%
Q2 198430.3-69.7%
Q1 198431.8-68.2%
Q4 198333.1-66.9%
Q3 198333.6-66.4%
Q2 198333.9-66.1%
Q1 198334.3-65.7%
Q4 198234.6-65.4%
Q3 198234.8-65.2%
Q2 198234.9-65.1%
Q1 198234.3-65.7%
Q4 198133.8-66.2%
Q3 198132.3-67.7%
Q2 198131.0-69.0%
Q1 198131.4-68.6%

Questions

Scope of this index.

How much has office construction cost changed in Edmonton?

The index stood at 113.0 in Q2 2026 against 2023 = 100: +3.7% over one year, +32.3% over five and +45.8% over ten.

Is this a cost per square foot?

No. It is a price index for a fixed model office building. It measures how much prices moved, not what any project costs.

Source: Statistics Canada, table 18-10-0289-01, Building construction price indexes, by type of building and division. Released 2026-07-24. Statistics Canada Open Licence.

Boundary: This is a price index for a fixed model building, not a dollar figure, not a cost per square foot and not a construction quote. An index of 111 means prices 11% above the base period for that model building, not that a particular project will cost that much more. Divisions are published from Q1 2017 only.