Is it time for a new roof? Are you stressed trying to figure out how much you’ll have to budget for your roof replacement? 

At Bill Ragan Roofing Company, we understand one of the biggest concerns people have is how much they’ll have to invest in a new roof. Unfortunately, the roofing industry doesn’t like to put out numbers or give you an idea of the price. 

However, we strive to provide you with an experience that’s rare in the industry through educating, so you're able to make the right purchasing decision. That’s why we’re not going to shy away from giving you an idea of how much your new roof will cost. 

By the end of this article, you'll have an idea of how much the 3 common roof types cost, how you can get a rough budgeting number, and what impacts the cost of your new roof. 

How much will your new roof cost?

A main factor that helps determine how much your new roof will cost is the type of roof you choose. That’s why I’m going to break down 3 common types of roofs to give you an idea of the budget you’ll need for your roof replacement. 

Be aware every roof is different, so the price for your roof replacement won’t be the same as the other houses on your street. With that in mind, it’s impossible to give you an exact price until a local roofing company inspects your roof. 

However, the numbers in the sections below can give you an idea of how much you’ll have to budget.

Disclaimer: These numbers aren’t perfect. The actual price you’ll pay depends on multiple cost factors that’re based on your roof and the contractor you hire.

How much does an asphalt roof cost? 

An asphalt shingle roof is the most common type of roof you see on homes today. It’s a roof system made primarily out of asphalt shingles and other asphalt roofing components.

It’s also the most affordable type of roof on the market. But how much will it cost? 

how much does an asphalt roof cost

For a one-story house with a basic up and over roof with no penetrations and no valleys, you can expect to pay around $3.68 per square foot. This includes basic builders grade architectural shingles, underlayment, and other roof components. 

how much does an asphalt roof cost

For a two-story house with a little complexity and good accessibility, you can expect to pay around $4.76 per square foot. This includes a good quality architectural shingle, upgrading your underlayment, and using all of the manufacturer’s roofing components.

how much does an asphalt roof cost

For a two-story house with a cut-up, complex roof, a steep pitch, and not easily accessible, you can expect to pay around $7.50 per square foot. This includes luxury shingles, using all of the manufacturer’s roofing components, and upgrading to copper for the flashing and in the valleys. 

The cost for your roof can be more or less depending on any upgrades or downgrades you decide on. This includes the different types of asphalt shingles

To help you find the right asphalt shingle for your roof replacement, read this article on which asphalt shingle is right for you

How much will a standing seam metal roof cost?

A standing seam metal roof system is a series of metal panels that are locked together at the seams or seamed mechanically. It’s one of the longest-lasting and durable roofs out there. 

how much does a standing seam metal roof cost

For a one-story house with a basic up and over roof with no penetrations and no valleys, you can expect a 24 gauge steel standing seam metal roof to cost around $12.00 per square foot. 

how much does a standing seam metal roof cost

For a one-story house with a mildly complex roof, you can expect to pay around $15.00 per square foot for a 24 gauge steel standing seam metal roof.

To learn more about a metal roof replacement, read this article on what is standing seam metal roof replacement

How much does a cedar shake roof cost? 

A cedar shake roof is a premium roof system made of natural wood (cedar) materials. While it serves the same functions as an asphalt or metal roof, it’s one of the most aesthetically pleasing roofs you’ll see. 

how much does a cedar shake roof cost

That’s what sets a cedar shake roof apart from the more common roof types. However, it does come at a premium price. 

For a one-story house with a basic up and over roof with no penetrations and no valleys, you can expect a cedar shake roof to cost around $14.00 per square foot.

For a more mildly complex roof, you can expect to pay around $18.00 per square foot for a cedar shake roof.

Just like asphalt shingles, the cost will be affected by which grade of cedar shake shingle you choose for your roof replacement. To find the right one for you, read this article on the different grades of cedar shake shingles

Calculate your roof’s square footage to give you a rough budgeting number

Remember, the numbers above aren’t perfect, and it’s impossible to give you an exact price until you have a professional roofing company come out to inspect your roof. 

However, you can use the cost numbers above and multiply them by the square footage of your roof to get an idea of how much you’ll have to budget for your roof replacement. Be aware, the square footage of your roof is not the same as the square footage of your home. 

That’s why we created a formula to roughly calculate your roof’s square footage. To learn the formula and to get a rough measurement of your roof, read this article on how to measure the square footage of your roof.  

What impacts the cost of your new roof?

Now that you have an idea on the size of your roof investment, aren’t you curious about everything that impacts the cost? Be aware, the price for your replacement will depend on many factors that vary from roof to roof. 

To better help you understand where your investment goes when making this purchase, I’ve comprised a list of the factors that directly affect the price of your new roof.

  • The type of roof you choose 
  • The rest of the roof system’s materials
  • Labor and time
  • Your roof’s accessibility
  • The number of penetrations your roof has
  • Your roof’s size and the complexity of it
  • The amount of decking that may need to be replaced
  • Dump fees
  • Operating costs

This is just a quick rundown of what impacts the cost of your new roof. For a deeper breakdown of these cost factors and what they mean to your roof investment, read this article on the 9 factors that impact the cost of your new roof.

The risks of trying to find the cheapest price for your new roof

Now you should have a good idea of the budget you’ll need for your roof replacement. Remember, the numbers above aren’t perfect. 

You won’t know how much your new roof will cost until you call a local roofing contractor and get an estimate. I understand everyone is on a budget, and some people only care about finding the lowest price for their roof replacement. 

But doing this leads to problems and takes more of your hard earned money out of your pocket. That's why we're going to give you the 4 risks of trying to find the cheapest roof replacement possible. 

The team at Bill Ragan Roofing has been repairing, replacing, and installing all roof types in Nashville and surrounding areas since 1990. When you work with us, you’ll get the high-quality workmanship and customer service that our customers have raved about for over 30 years. And after our job is done, we’re proud to provide you with a lifetime warranty. 

Check out 4 Risks of Trying to Find the Cheapest Price for Your Roof Replacement to ensure you don't set your roof up for failure before it's even installed. roof cost calculator