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Imagine looking up at your old roof, damaged by cracks and leaks. You’re ready for a replacement, but you’re unsure whether to choose metal or shingles and, more importantly, which will fit your budget. Understanding both the initial and long-term cost of a metal roof vs. shingles is essential for making a wise choice.
In this blog post, we will break down these costs to help you pick the best roofing option for your budget and future needs.
Please note, that price ranges listed in this article may not reflect the final cost of your project. Prices are subject to change based on various factors such as local labor rates, material quality, and more. All costs established in this article are rough estimates based on average industry rates.
Material Cost Of Metal Roof vs. Shingles
Let’s start by examining the material costs associated with both metal roofs and asphalt shingles, as this will set the foundation for your decision.
Asphalt Shingle Types & Costs
1. 3-Tab Shingles
These are the basic and most affordable option, costing around $1 to $3 per square foot. They have a flat look with three tabs per shingle and usually last about 20 years.
2. Architectural Shingles
Also known as dimensional shingles, these roofs offer a thicker, textured look and cost between $4 and $8 per square foot. They have a varied pattern and can last 20 to 30 years. These are the most common type of asphalt shingle.
3. Luxury Shingles
A premium choice, luxury shingles cost between $8 and $13 per square foot. They have a thick, dimensional appearance designed to look like slate or wood shakes and can last over 30 years.
Also Read: 3-Tab vs. Architectural Shingles vs. Luxury Shingles (2024 Guide)
Metal Roof Types and Styles & Their Costs
Common Types of Metal Roofs
1. Steel (Galvalume/Galvanized)
Durable and cost-effective, these roofs are priced at $4 to $10 per square foot. The zinc coating prevents rust, making them ideal for residential use.
2. Aluminum
Lightweight and corrosion-resistant, aluminum roofs cost $6 to $13 per square foot. They help lower cooling costs due to their reflective properties.
3. Copper
Premium and long-lasting, copper roofs are priced between $15 and $30 per square foot. They develop a unique patina and last over 60 years.
4. Zinc
Similar to copper, zinc roofs are more expensive and cost $13 to $25 per square foot. They resist corrosion and can be molded into intricate shapes.
Popular Metal Roof Styles
1. Corrugated Metal Panels
Affordable and strong, these roofs cost $3.50 to $6.50 per square foot. Their wavy pattern enhances strength and weather resistance.
2. Standing Seam Metal Panels
Sleek and weather-resistant, standing seam roofs are priced at $7 to $15 per square foot. The raised seams help prevent leaks.
3. Metal Shingle Roofs
Mimicking traditional shingles, these roofs cost $6 to $12 per square foot. They offer durability and various styles and colors.
Also Read: Types Of Metal Roofs Commonly Seen On Houses
Installation: Metal Roof Cost vs. Shingles
With material costs in mind, let’s turn our attention to installation expenses for both options.
Metal roofs generally cost more to install than asphalt shingles, ranging from $4 to $30 per square foot, with total costs between $10,000 and $18,000. Asphalt shingles are more affordable, costing $4 to $20 per square foot, with installation around $5,000 to $10,000.
While metal roofs are more expensive upfront, they last longer, which could save money over time with less maintenance and fewer replacements.
Comparing Upfront Costs
As we can see, metal roofs have higher upfront costs than asphalt shingles. Shingles might seem cheaper for those on a budget, but it’s important to think about the long-term effects of your choice.
Long-Term Financial Considerations: Metal Roof vs. Shingle Roof Cost
Now let’s delve into the long-term financial implications associated with each roofing option.
Resale Value
When choosing a roof, consider how it will impact your home’s resale value. Metal roofs are durable and stylish, which can significantly increase your home’s value. Homeowners might recover up to 60% of the installation cost when selling. In contrast, asphalt shingles are cheaper initially but may not add as much value to your home, resulting in a lower return on investment when selling.
Cost Over Time
Think about the total cost over the roof’s lifespan, not just the initial price. Though more expensive upfront, metal roofs offer long-term savings due to their durability and low maintenance needs. This often means fewer repairs and replacements. While initially cheaper, asphalt shingles tend to wear out faster, leading to higher costs over time from frequent repairs and replacements.
Overall Cost Comparison Of Metal vs. Shingle Roof Cost
To help you make a final choice, let’s summarize the overall cost comparison between metal roofs and shingles.
Initial Investment
Metal roofs cost more upfront than shingles. Both the materials and installation for metal roofs are pricier, making them a bigger initial expense.
Long-Term Value
However, as mentioned above, metal roofs offer better value over time:
1. Resale Value & ROI
Metal roofs have an edge in the real estate market in ROI than asphalt. Shingles don’t significantly increase home value but are still a solid choice if initial cost savings are your priority.
2. Regional Cost Variations
In areas with severe weather, such as hail or heavy snowfall, metal roofs may be better and more cost-effective in the long run. Additionally, local labor rates and material availability can influence overall costs.
3. Longevity and Durability
Metal roofs last between 40 and 70 years and resist extreme weather conditions. Shingles, however, have a shorter lifespan of 20 to 30 years and often require more frequent repairs.
4. Maintenance Costs
With metal roofs, maintenance is minimal and repairs are rare. Shingles, on the other hand, are prone to issues like cracking and curling, leading to more frequent upkeep. Over the long term, metal roofs can be more cost-effective due to lower maintenance needs.
5. Energy Efficiency
Metal roofs reflect sunlight, helping to keep homes cooler and reduce cooling costs. Shingles absorb heat, which can lead to higher air conditioning bills. In general, metal roofs can offer greater energy savings over their lifespan.
Overall Affordability
Even though metal roofs are more expensive at first, they can be more cost-effective over time. Their durability, low maintenance, and energy efficiency make them a smart investment for many homeowners.
Some Factors to Consider When Choosing Between a Metal Roof vs. Shingle Roof
While cost is important, it’s not the only thing to think about when choosing between metal and shingle roofs.
1. Weather Conditions
In areas with severe weather, metal roofs offer great durability. They handle strong winds, heavy snow, and hail better than shingles. Plus, their reflective properties can help lower energy costs in hot climates.
2. Home Style
The style of your home affects your roofing choice. Metal roofs work well with modern and industrial designs, while traditional homes often look best with shingle roofs.
3. Local Codes
Be sure to check local building codes. Some areas may have regulations that favor one roofing type over the other.
4. Variety of Options and Styles
Shingles come in many colors and styles, allowing for customization to suit your home’s look. While this doesn’t affect cost directly, it can enhance curb appeal and possibly boost resale value.
Find the Best Roof for Your Budget
So, which is more affordable: metal roofs or shingles? It depends on your situation. If you have the budget and plan to stay in your home long-term, a metal roof is a smart choice due to its durability and low maintenance, which can save money over time. If you’re on a tighter budget or unsure about staying in the home, shingles provide reliable protection at a lower initial cost. Remember, the “more affordable” option depends on your situation. Choose the roofing material that gives you the best value and peace of mind.
For top protection, trust Renova Roofing & Construction. No matter the roof type you choose, we provide quality metal roofing installations and great shingle roofing services. Contact us for a consultation at (601) 647-3433 and find the best option for your home and budget.