Average Hourly Cost: The average hourly cost of asphalt overlays for an asphalt contractor in 2023 is between $45 and $85 per hour. This cost can vary depending on the type of job, the complexity of the job, the quality of the materials used, and the location of the service provider.

Cost Breakdown: The cost of an asphalt overlay is usually broken down into labor costs, material costs, and additional costs. Labor costs are typically the most expensive component, and can range from $35 to $75 per hour, depending on the complexity of the job and the experience of the asphalt contractor. Material costs can range from $5 to $30 per hour, depending on the type and quality of the material used. Additional costs can include equipment rental, permits, and other miscellaneous fees.

Factors Affecting Cost: There are several factors that can affect the cost of an asphalt overlay. These include the type and quality of the material used, the complexity of the job, the location of the service provider, and the experience of the asphalt contractor. The type and quality of the material used will affect the cost, as higher quality materials will cost more. The complexity of the job can also affect the cost, as more complex jobs will require more time and resources. The location of the service provider can also affect the cost, as some areas may have higher labor costs than others. Finally, the experience of the asphalt contractor can also affect the cost, as more experienced contractors may charge a higher rate.