VISN STRATEGIC COSTING GUIDE
FY 2001 - VISN COSTING GUIDE
CURRENT RELATIVE COST GUIDE
AS OF SEPTEMBER-OCTOBER 1998
USE FOR STRATEGIC PLANNING PURPOSES ONLY - NOT FOR BUDGETING
PREPARED BY: Facilities Management Office (18)
Date Prepared: December 27, 1998
Boeckh
Indexes
VISN
Location
Cost Factor
EXPLAINATION
Washington, DC
1,690.0
1.00
1
Boston, MA
2,304.0
1.36
Example: Boston, MA is 1.40 higher than
2
Albany, NY
1,885.8
1.12
Baltimore, MD. To calculate, use Bostons factor
3
Bronx, NY
2,958.9
1.75
of 1.36 and divide Baltimore's factor of 0.97 into it.
4
Pittsburgh, PA
1,980.5
1.17
That is 1.36/0.97 = 1.40. If one dollar (
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.00)
5
Baltimore, MD
1,641.9
0.97
was spent in Baltimore, then to get the equalvalent
6
Durham, NC
1,277.7
0.76
building in Boston, one dollar and forty cents
7
Atlanta, GA
1,475.6
0.87
(
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.40) would be required.
8
Bay Pines, FL
1,488.1
0.88
9
Nashville, TN
1,414.7
0.84
Example: Durham, NC is 0.55 of Chicago, IL. This is
10
Cincinnati, OH
1,828.0
1.08
calculated by dividing Durham's cost factor of 0.76
11
Ann Arbor, MI
2,208.2
1.31
by Chicago's cost factor of 1.38 or 0.76/1.38 = 0.55.
12
Chicago, IL
2,326.7
1.38
That means that for every dollar (
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.00) spent in Chicago
13
Minneapolis, MN
2,188.1
1.29
it would cost fifty-five cents (
||content||
.55) for an14
Omaha, NE
1,619.7
0.96
equivalent building in Durham.
15
Kansas City, MO
1,831.6
1.08
16
Jackson, MS
1,225.4
0.73
Thes relative cost factors are based on the Boeckh
17
Dallas, TX
1,475.2
0.87
Index for September-October 1998, and are useful to
18
Phoenix, AZ
1,642.0
0.97
obtain quick rough ideas of probable costs relative from
19
Denver, CO
1,579.2
0.93
one city to another
20
Portland, OR
2,070.2
1.22
21
San Francisco, CA
2,394.0
1.42
REMINDER: Each project is unique.
22
Long Beach, CA
2,135.3
1.26
This document - for strategic planning only.
NOTE: For smaller projects, the cost are higher on a per unit basis than larger projects.
In addition, local economic market conditions can significantly impact costs.
For additional assistance, contact Bob Smoot (187B) at 202-565-6400
February 1999
Department of Veterans Affairs
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