Is It Cheaper To Get a Metal Roof or Shingles?
When it’s time to install a new roof, the wide range of options available may be overwhelming to you. However, both shingle and metal roofing get the job done when it comes to sheltering your home. According to the recent 2019 Dodge Report data commissioned by the Metal Roofing Alliance (MRA), for new construction, market share doubled from four percent in 2018 to eight percent in 2019. The repair/remodel market share for metal roofing held steady at 12 percent in 2019.
Shingles vs. Metal Roofing
Asphalt shingles are known for their ease of maintenance, reliability, and cost-effectiveness, which is why they are the most popular option on the roofing market today. The second most popular roofing material is metal due to its durability, style, and longevity.
But what option is cheaper? To determine whether the metal roofs are cheaper or shingles, you should consider two main things: the first cost and life cycle cost. The first or initial cost is the price you pay on the day of purchase, while life cycle costs also include the maintenance and life expectancy.
At first glance, shingles are much cheaper since metal roofs require accessories like screws, ridge caps, or flashing. Shingle roofs have a 12 to 15 years life expectancy, but the costs increase with the removal of the original shingles or replacing worn shingles with new ones. On the other hand, although metal roofing is more expensive at the initial cost, it lasts for 50 to 60 years, with no other roof replacement being necessary during this time.
Compared to some other roofing systems, metal roofing installation is more expensive due to the requirements of tools, equipment, and special training needed. But homeowners could end up saving $30,000-$40,000 with metal roofing. Although they are eco-friendly, metal roofs are not without their weaknesses, as walking improperly on them or extreme hail may damage them. The lifespan of shingles depends on the environment, region, and climate. Ice dams can create cracks, pooling water can lead to mold growth, and temperature changes may reduce the life of the shingle roof.
Asphalt shingles can run from $100 to $200 per 100 square feet, while metal roof prices range from $120 to $900 per 100 square feet.
Do You Need a Metal Roof or Shingles?
If a low cost is your only criterion, a shingle roof may be the right option for you. But if you are interested in a roof that lasts for decades, requires less maintenance, reduces your utility bills, and increases the value and curb appeal of your home, you might want to consider a metal roof.
Suppose you want to repair your old roof or replace it. In that case, you should find a great metal roofing supplier that has been supplying contractors and homeowners with quality metal roofing for years.