When comparing the cost of metal roofing vs. shingles, there are a few factors to consider. Here is an in-depth look at the cost comparison between the two roofing materials:
- Initial Cost: The initial cost of metal roofing is generally higher than that of shingles. Our research shows the average cost to install a new metal roof is between $11.50 and $20.50 per square foot, depending on the type of metal and project specifics, while asphalt shingles typically cost between $4.50 and $9.50 per square foot.
- Long-term Cost: Although metal roofing is more expensive initially, it can be more cost-effective over the long-term. Metal roofing is more durable than shingles and can last 30 to 60 years, while shingles typically last 15 to 30 years. This means that you may need to replace shingles multiple times over the lifespan of a metal roof, increasing the long-term cost of shingles.
- Energy Efficiency: Metal roofing is generally far more energy-efficient than shingles. Metal reflects solar radiant heat, which can reduce the amount of heat absorbed into your home and lower your energy bills. Look for CRRC colors with a Kynar 500 paint finish to maximize energy savings with a metal roof. Additionally, some metal roofing systems can be installed with insulation to further increase your home’s energy efficiency.
- Maintenance: Metal roofing is very low-maintenance and requires little upkeep over its lifespan. Shingles, on the other hand, can be prone to damage from storm winds, wind driven rain, ice dams, moss and mildew growth, and other weather conditions, and may require more frequent maintenance and repair.
- Resale Value: In the short run, an asphalt roof can offer better cost-to-value return than metal. In the long run, though, a metal roof will maintain its value for decades, whereas an asphalt roof will not. So, 10-15 years down the road, an asphalt roof may offer very little in terms of retained value and may be viewed more as a liability by potential buyers.
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While the initial cost of metal roofing is higher than that of shingles, it can be more cost-effective over the long-term due to its durability, longevity, and energy efficiency. Additionally, metal roofing can add lasting value to your home and increase its resale value, maintaining it for decades to come.