How Much Does Asphalt Paving Cost?

In 2025, asphalt paving costs generally range from about $3-$8 per square foot for residential driveways and $2.50-$7 per square foot for large parking lots or road projects. A typical 500-600 sq ft driveway costs around $4,000-$12,000, while commercial parking lots run $25,000-$150,000 depending on size and features. This guide breaks down costs by project […]