Cost Per Square Foot (CPSF)
Occupancy cost per square foot of real estate
FORMULA
CPSF = (Total Annual Occupancy Cost / Total Square Feet) / 12
Alternate Calculations
Annual
Total Annual Cost / Property Square FootageWhat is Cost Per Square Foot?
Cost Per Square Foot measures total occupancy costs (rent, utilities, maintenance) per square foot of property. Standard metric for real estate cost analysis and portfolio benchmarking.
Used to compare properties, negotiate leases, and evaluate cost efficiency. Varies significantly by location, property type, and included services.
Chart
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Sample Data
| month | cost | sqft | cpsf |
|---|---|---|---|
| Jan | 125,000 | 50,000 | 2.5 |
| Feb | 128,000 | 50,000 | 2.56 |
| Mar | 132,000 | 50,000 | 2.64 |
| Apr | 135,000 | 50,000 | 2.7 |
| May | 138,000 | 50,000 | 2.76 |
| Jun | 142,000 | 50,000 | 2.84 |
Required Data Columns
total_costsquare_feetcost_per_sf