Basic
$9.84 – $12 per sq ft
About 2-1/2 in. compacted hot-mix asphalt over a 6-in. graded crushed stone base, roller-compacted, edges hand-tamped
How Much Does Install Asphaltic Concrete Driveway Cost in Memphis, Tennessee?
Install Asphaltic Concrete Driveway: national installed price range, materials and labor breakdown, and local pricing by ZIP code.
Install Asphaltic Concrete Driveway in Memphis, Tennessee typically costs $12 to $14 per sq ft as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.
Install Asphaltic Concrete Driveway in Memphis, Tennessee
$12 – $14
per sq ftPrices in Memphis are 8.0% lower than the national average for install asphaltic concrete driveway.
National average: $12 – $15 per sq ft
What you get at each price level
Standard
$12 – $14 per sq ft
2-1/2 in. compacted hot-mix asphalt over a 6-in. compacted stone base, rolled smooth, edges tapered and tamped, drainage slope set
Premium
$14 – $18 per sq ft
2-1/2 in. hot-mix asphalt in two lifts over a 6-in. compacted stone base on fabric, tack coat between lifts, beveled tamped edges
Cost Breakdown in Memphis
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $5.39 – $6.58 | sq ft |
| Labor | labor | $3.79 – $4.64 | sq ft |
| Supplies & Other | supplies | $1.44 – $1.76 | sq ft |
| Equipment & Disposal | equipment | $0.96 – $1.17 | sq ft |
Prices adjusted for Memphis local market conditions.
Install Asphaltic Concrete Driveway photo examples
Freshly paved black asphalt driveway leading to a two-car garage
Photo: Famartin · CC BY-SA 4.0 · Source
Find a pro to do thisClose-up of fresh asphalt surface on a newly paved driveway
Photo: Famartin · CC BY-SA 4.0 · Source
Find a pro to do this
Cost Factors in Memphis, Tennessee
What Affects Pricing
- Materials ($5.61-$6.85 per square foot)
- Labor ($4.36-$5.33 per square foot)
- Supplies & Other ($1.50-$1.83 per square foot)
- Equipment & Disposal ($1.00-$1.22 per square foot)
Local Price Adjustments
Material costs4.0% below avg
Labor costs13.0% below avg
Material costs in Memphis run proportionally higher than labor, which may favor labor-intensive approaches.
Frequently Asked Questions
How we price this
BuildX Pro researches and reviews the national price range for Install Asphaltic Concrete Driveway, then adjusts it to your ZIP code for local labor and material costs using the public data below. Last checked Sep 2026.
- Construction wages by metro and rural area, used for the labor adjustment by ZIP code, U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
- Regional price parities for goods, used for the materials adjustment by ZIP code, U.S. Bureau of Economic Analysis, 2024
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