The cost of a contractor will vary depending on the project. The extent of your project will largely determine a low-cost contractor job versus a high-cost contractor job.
A general contractor, for example, will charge between 15% to 25% of the total construction cost. The total construction cost includes materials, subcontractor labor, and the cost of the job.
Other factors that will be considered when contractors estimate their pricing include liability and insurance, taxes, business overhead, and ensuring a profit.
An average general contractor fee could range between $1,000 to $4,000 depending on the scope of the project, though it could go much higher if it’s a full house remodel. They typically do not charge per hour, but their subcontractors might.
For example, a single contractor hired to retile a bathroom will likely cost less than a contracting team re-flooring your whole house. How much work involved will be incorporated into the cost, depending on time and labor needs.
Keep in mind that when you pay for a contractor, you get what you pay for. A lower fee doesn’t always equal a better deal down the road, especially if the contractor doesn’t get high-quality materials or perform high-quality work on your job.