The cost of asphalt ranges from $5 to $7 per square foot for the material or $7 to $13 per square foot installed. It is easier to get a better idea of the total cost when you calculate it in tonnes, however, and that is how these calculations will be carried out. The average price of good quality asphalt is $100 to $200 per ton.. Asphalt cost: $4.00 per square foot. This can vary depending on how thick it's applied and the region in which you live. Special features: The calculator above assumes the cost of a Chip Seal top coat, stamped surface or color asphalt at $4.00 per square foot. This is probably a tad on the high side, but is within range.

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While the cost of an asphalt driveway can vary depending on several factors, it is generally more affordable than other materials. For instance: Concrete driveways cost between $3 to $18 per square foot. Gravel driveways cost between $1 to $3 per square foot. Brick driveways cost between $10 to $30 per square foot.. Installing a new asphalt driveway costs about $5 to $13 per square foot. This includes the average cost of labor, which ranges from $5 to $7 per hour. Some contractors will provide budget information based on the weight of the asphalt. Typically, hot mix asphalt costs $100 to $200 per ton, while recycled asphalt may cost as little as $10 to $20.