Basement Finishing in Quincy, MA — Costs $22,593 to $120,493

What does basement finishing cost in Quincy? Average $52,716, ranging $22,593–$120,493. Labor runs $49.27/hr locally — 51% above the national average. Free breakdown with material + labor split.

Quincy, MA Market

+51% vs national

Labor Rate

$49.27/hr

Material Index

137

Avg Permit Cost

$2,439

Median Home Price

$570,160

Quincy is a mid-sized city in Massachusetts with a healthy pool of local contractors. Homeowners generally have several options to compare for a basement finishing, which helps keep pricing competitive. At 51% above the national average, Quincy is one of the more expensive markets for home improvement — driven primarily by above-average labor rates in the region. With a median home price of $570,160, this basement finishing represents just 9.2% of typical home value — a relatively small investment that can significantly boost curb appeal or functionality.

Low Estimate

$22,593

National: $15,000

Mid-Range

$52,716

National: $35,000

High End

$120,493

National: $80,000

Per Sq Ft

$75

National: $50

Duration: 4-10 weeks
DIY: Hard
Permits: Required
ROI: 72%

Basement Finishing Cost Calculator for Quincy

Adjusted for Quincy's labor rate ($49.27/hr) and material costs (index 137).

50 sq ft1,000 sq ft

Mid-grade materials, good quality fixtures, standard options.

Estimated Total in Quincy

$52,716

Based on 200 sq ft at mid quality, adjusted for Quincy market rates.

Local Cost Breakdown

Labor (50%)$26,358

At Quincy's average rate of $49.27/hr (64% above national avg)

Materials (50%)$26,358

Material cost index 137 (37% above national baseline of 100)

Basement Finishing vs. Home Value in Quincy

MetricQuincyNational Avg
Basement Finishing (Mid-Range)$52,716$35,000
Median Home Price$570,160$350,000
Project as % of Home Value9.2%10.0%
Estimated ROI72%72%
Median Household Income$102,265$75,000

What Affects the Price in Quincy

  • 1Local labor rates ($49.27/hr in Quincy)
  • 2Material cost index (137 vs national 100)
  • 3Square footage
  • 4Egress windows (required for bedrooms)
  • 5Bathroom addition
  • 6Waterproofing

Popular Upgrades

  • Home theater
  • Gym area
  • Legal bedroom suite

Planning a Basement Finishing in Quincy

Building permits are typically required for a basement finishing in Quincy. The average permit fee in this area is $2,439, though costs vary based on project scope. Permit fees in this market are above average — factor them into your total budget. Plan for 4-10 weeks from start to finish.

A basement finishing is a complex project best left to licensed professionals. In Quincy, skilled contractors charge an average of $49.27/hr, and the specialized nature of this work means cutting corners on labor can lead to costly rework.

With a median household income of $102,265, many Quincy residents can budget for this project through savings. The mid-range cost of $52,716 represents 52% of the typical household's annual income.

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