Worked example: a 50×16 driveway, new construction
800 sq ft at $4.50/sq ft for a 3-inch mat is $3,600; the gravel base adds $1,000, for a total near $4,600 — $5.75/sq ft all-in. The concrete equivalent is ~$6,400, so asphalt saves $1,800 up front. Sealcoat in year 1, then every 3–5 years (~$200 DIY, $400–$600 pro), and budget a resurface around year 15.
- • Tearing out the old drive first adds ~$1,600 on this size — but paving over cracked asphalt just telegraphs the cracks through in 1–2 seasons.
- • Hot climates soften asphalt (power-steering marks); cold climates favor it (flexes through freeze-thaw). Climate should drive the asphalt-vs-concrete call.
- • Get the base spec in writing: 6–8 inches of compacted gravel is what makes the surface last.
Overlay vs tear-out: when each works
An overlay (2 inches over existing) at ~$3/sq ft is legitimate when the existing drive is structurally sound — minor surface cracks, no alligator cracking, no drainage problems. Alligator cracking or heaving means base failure, and an overlay over a failed base fails within two winters. When in doubt, tear out.
FAQ
How much does an asphalt driveway cost in 2026?
$3–$7 per sq ft installed, so a typical 800 sq ft two-car driveway runs $3,500–$5,500 including base prep. Removal of an existing drive adds ~$2/sq ft.
Is asphalt cheaper than concrete?
Yes — typically 30–40% cheaper up front ($3–$7 vs $6–$12 per sq ft). Concrete lasts roughly twice as long and needs less maintenance, so lifetime cost is closer than the sticker suggests.
How long before I can drive on new asphalt?
24–72 hours for foot traffic and light vehicles; a full cure takes 6–12 months, so avoid sharp turns while stationary and heavy point loads in the first summer.
How often should asphalt be sealcoated?
Every 3–5 years at $0.15–$0.30 per sq ft professionally, or ~$200 in DIY sealer for a typical driveway. Skipping sealcoat halves the driveway's life in sunny or freeze-thaw climates.
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