Building with certainty in uncertain times
2025 marks a pivotal moment for international construction. As inflationary pressures ease but political and economic uncertainties rise, we must navigate a complex environment shaped by evolving tariffs, shifting investment patterns and accelerating demands for sustainable, adaptable buildings.
The International Construction Costs report 2025 analyzes how cities worldwide are responding. Geneva and London top the list, with regional variations driven by labor availability, specification changes and currency fluctuations. Meanwhile, inflation hotspots such as Australia and Eastern Europe present new challenges and opportunities.
Key themes from this year's report:
Resilient recovery
Many markets show strong underlying demand, particularly for modern office spaces, data centers and sustainable infrastructure.
Strategic adaptation
Clients who align projects with real market needs, digital maturity and sustainable design are better positioned for success.
Global construction cost trends
Regional inflation rates, cost escalation risks and sector-specific pressures are reshaping investment strategies.
Design for impact
Creating spaces that are beautiful, adaptable and viable remains key to meeting future user needs.
Harness data to navigate uncertainties
Overcome construction hurdles in your city with expert insights.
International Construction Costs: Top Cities
To find out where your city features, download our full report.
1. Geneva
2. London
3. Zurich
4. Munich
5. New York City
6. Copenhagen
7. San Francisco
8. Bristol
9. Dublin
10. Hong Kong
Where does your city rank?
Geneva, London and New York feature among the top of the ranking for 2025. Currency movements, inflation variability and market-specific trends all play a role in reshaping the cost landscape.
Understand where your projects stand by exploring:
- The full construction cost index by country.
- Global comparisons across decile cities.
- Forecast inflation rates for key regions in 2025.
Harness data to navigate uncertainties
Overcome construction hurdles in your city with expert insights.
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