Average Cost of Strip Foundation: The average hourly cost of installing a strip foundation is around $80-$120. However, the final cost may vary depending on several factors such as the size of the foundation, location, and service provider. Generally, the cost of a strip foundation ranges from $4,000 to $15,000.

Cost Breakdown: The cost of a strip foundation can be broken down into several components, including labor, materials, and equipment. Typically, labor cost takes up the majority of the expenses, accounting for around 60-70% of the total cost. The cost of materials such as concrete, gravel, and reinforcement bars comprises around 20-30% of the overall cost, while equipment rental and transportation costs make up the remaining 10-20%.

Factors Affecting Cost: Several factors may affect the cost of a strip foundation, including the type and quality of materials used, the complexity of the job, and the location and service provider. For instance, using high-quality materials and hiring experienced professionals may increase the cost of the project. Similarly, if the job requires additional excavation, leveling, or reinforcement work, the cost may go up. Additionally, the cost may vary depending on the location and service provider, as labor rates and material costs can differ from one region to another.

Cost Fluctuation: The cost of installing a strip foundation may vary significantly depending on the service provider's expertise and experience. Generally, professional contractors who specialize in foundation work may charge higher rates than general contractors or handymen. Furthermore, the cost may fluctuate depending on the service provider's reputation, location, and workload. For instance, a highly reputable contractor may charge more for their services due to their extensive experience, while a contractor who is just starting may offer lower rates to attract more clients. Therefore, it is essential to do thorough research and obtain multiple quotes from different service providers before hiring one.