What are construction material costs?Ĭonstruction material costs, meanwhile, include amounts paid for materials (i.e. workers compensation)Ĭheck out this article we wrote explaining construction labor costs in greater detail, including how they’re calculated. employee and contractor compensation (amounts paid directly to workers).When construction professionals calculate labor costs, they typically include items such as: Labor vs material cost in construction: Overview What are construction labor costs? Keep reading to learn more about labor vs material costs in construction, how they compare, and how smart construction management professionals keep track of both types of expenses. Labor and materials are among the most significant costs construction companies incur.
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