Construction Cost Overview for Beverly, MA
Construction and renovation costs in Beverly, MA reflect the city's cost of living index of 123.3 and a material cost index of 123 (where 100 represents the national baseline). With an average construction labor rate of $44.14 per hour and a median home price of $479,000, homeowners in Beverly should plan their renovation budgets carefully using local pricing data.
Beverly sits in IECC Climate Zone 5 (Cool-Humid), which influences insulation requirements, HVAC sizing, and overall material choices for both new construction and remodeling projects. Low seismic risk — standard building codes apply. The median household income of $87,700 in Beverly means that a mid-range kitchen remodel at $55,714 represents approximately 64% of annual household income.
Building permits in Beverly average $1,330, varying by project scope and local building department requirements. Major renovations involving structural, electrical, or plumbing work require permits in virtually all Massachusetts jurisdictions. Scheduling projects during off-peak seasons can save 5-15% on labor costs as contractors have greater availability.