Interior — 4-10 weeks
How Much Does a Basement Finishing Cost in 2026?
Convert unfinished basement to livable space: framing, drywall, flooring, electrical, and HVAC.
National Average
$38,500
for 700 sq ft
Low: $21,000High: $70,000
Calculate for Your Size & StateCost Breakdown
Labor (50%)
$19,250
Materials (50%)
$19,250
Cost per sq ft
$55
What's Typically Included
Framing
Insulation
Drywall
Electrical wiring
HVAC extension
Flooring
Lighting
Egress window (if required)
Basement Finishing Cost by State
Based on 700 sq ft. Prices reflect regional labor and material cost differences.
MS
$29,260
AR
$30,030
WV
$30,800
AL
$31,570
OK
$31,570
KY
$32,340
SC
$32,340
LA
$32,725
SD
$32,725
TN
$32,725
KS
$33,110
IA
$33,495
GA
$33,880
IN
$33,880
MO
$33,880
NE
$33,880
NM
$33,880
NC
$33,880
OH
$34,650
TX
$34,650
ID
$35,420
MI
$35,420
ND
$35,420
WY
$35,420
AZ
$36,575
FL
$36,575
MT
$36,575
UT
$36,575
WI
$36,575
DE
$39,270
ME
$39,270
MN
$39,270
NV
$39,270
PA
$39,270
VA
$39,270
IL
$40,425
CO
$41,580
NH
$41,580
OR
$41,580
VT
$41,580
MD
$42,350
RI
$43,120
WA
$44,275
CT
$46,200
NJ
$46,970
MA
$48,125
NY
$49,280
CA
$50,050
AK
$51,975
DC
$51,975
HI
$55,825
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