How Much Does a Roof Replacement Cost in 2023?
There’s a lot of information you have to absorb for your upcoming roof replacement, and you probably have a lot of questions on top of that. These questions probably revolve around how to find a contractor, do you actually need a replacement, and most importantly, how much it’ll cost.Unfortunately, the rest of the roofing industry avoids talking about price. We take pride in doing things differently than other roofing companies.
For over 30 years, the team at Bill Ragan Roofing has helped homeowners understand all aspects of their upcoming roof replacement. Because of this, we’re going to break down much it’ll cost to replace your roof in the current year of 2023.
By the end of this article, you’ll have up-to-date cost numbers so you'll know the budget needed for your upcoming replacement project.
How much does a roof replacement cost in 2023?
One of the biggest factors that determines how much your roof replacement costs is the type of roofing material you choose. That’s why I’m going to break down the cost of the 5 most common types of roofs to give you an idea of the budget you’ll need.
Just know that it’s impossible to give you an exact price until a local roofing company inspects your roof. This comes down to the fact that every roof is different.
So, the price for your roof replacement won’t be the same as the other houses on your street. However, the numbers in the sections below can give you an idea of how much you’ll have to budget.
Disclaimer: Once again, these numbers aren’t perfect. The actual price you’ll pay depends on multiple cost factors based on your roof and the contractor you hire.
How much does an asphalt roof replacement cost in 2023?
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?
For a one-story house with a basic up and over roof with no penetrations and no valleys, you can expect to pay around $4.00 per square foot for your asphalt roof replacement. This includes basic builders grade architectural shingles, underlayment, and other roof components.
For a two-story house with a little complexity and good accessibility, you can expect to pay around $5.86 per square foot for your asphalt roof replacement. This includes a good quality architectural shingle, upgrading your underlayment, and using all of the manufacturer’s roofing components.
For a two-story house with a cut-up, complex roof, a steep pitch, and not easily accessible, you can expect to pay around $8.50 per square foot for your asphalt roof replacement. 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 does a metal roof replacement cost in 2023?
There are two types of metal roof systems, a screw down panel metal roof system and a standing seam metal roof system. The one you choose has a big impact on your metal roof’s cost.
(Screw down metal roof)
A screw down panel metal (also called exposed fastener) roof replacement costs around $4.50 per square foot. On the other hand, a standing seam metal roof replacement costs around $15.00 per square foot.
(Standing seam metal roof)
This number could be lower or higher depending on roof complexity, including the size, the number of valleys, penetrations, facets, your roof’s pitch, and more. I’m sure you noticed the big price difference between the two.
But a standing seam metal roof system requires significantly less maintenance, offers more life, and comes with better warranties than a screw down panel metal roof.
How much does a synthetic shingle roof replacement cost in 2023?
Composite (aka synthetic) shingles are made of a synthetic polymer or recycled materials and designed to mimic a natural slate or cedar shake roof. No matter if you choose the slate or cedar shake option, both synthetic shingles are large investments.
A synthetic shingle roof replacement costs around $14.00-$20.00 per square foot. While synthetic shingles look like natural slate and cedar shake, a synthetic roof will always be cheaper than the material it mimics.
As I said, a synthetic shingle roof is a sizable investment. So, you may want to avoid this roof or the other types of premium roof systems if you’re only considering affordable options.
How much does a cedar shake roof replacement cost in 2023?
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.
That’s what sets a cedar shake roof apart from the more common roof types. But because it's a premium roof system, it comes at a premium price.
The price has also drastically increased due to rising prices in the roofing industry and scarcity of materials. With that in mind, you can expect a cedar shake roof replacement to cost around $25.00-$30.00 per square foot for your replacement.
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, check out this article on the different grades of cedar shake shingles.
How much does a slate roof replacement cost in 2023?
A slate roof is a premium system made primarily of natural slate roofing materials. It’s one of, if not the longest-lasting roof systems on the market.
It also offers a big boost to your home’s curb appeal, like a cedar shake roof. For labor and materials, a slate roof replacement costs around $15.00 per square foot on the low end but has the potential to get up to around $30.00 or more per square foot very quickly.
Just know that if your home can’t handle the weight of a slate roof the way it is, you’ll have to retrofit it. This needs approval by a structural engineer and must be done before the roof can even be installed.
If your home requires retrofitting or new framing, it’ll really add to the cost of your new slate roof.
What impacts the cost of your roof replacement?
Now that you have an idea of how much a roof replacement costs in 2023, you need to know what factors into the price. To better help you understand what impacts the cost, I’ve comprised a list of the factors that directly affect the price of your roof replacement.
- The type of roof you choose
- The rest of the roof system’s materials
- Labor and time (set up, tear-off, installation, clean up)
- 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 roof replacement. 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.
Find a great roofing contractor in 2023
Now you have an idea of how much you’ll pay for your roof replacement. Remember, the numbers in the article aren’t perfect.
The actual price you’ll pay depends on multiple cost factors based on your roof and the contractor you hire. If you want to get a better idea of how much it’ll cost, go check out our Roofing Calculator.
Now that you have an idea of how much you’ll have to pay for your new roof, you’re ready to start looking for a great roofing contractor. The contractor you hire plays a major role in the cost of your roof, its lifespan, and much more.
That’s why it’s crucial to hire a great one in your area. But how do you do that?
That comes down to asking a roofing contractor the right questions. These questions help you determine if the contractor does things the right way and has your best interest in mind.
To help you find a great roofing company for all of your roofing needs, we wrote an article on the main questions every homeowner should ask.
Since 1990, Bill Ragan Roofing has been repairing, replacing, and maintaining all roof types for the residents of Nashville. We work with you to provide the best experience possible during a stressful time. If you’re local to Nashville, don’t hesitate to Contact Us for all of your roofing needs.
To learn how to spot a great roofing company in your area, check out this article on the Top 8 Questions to Ask a Roofing Contractor.