Construction · Georgia

Georgia’s construction costs rose 4.3% year-on-year in July

7 Sep 2026

GeoStat’s Construction Cost Index rose 0.8% month-on-month and 4.3% year-on-year in July 2026. The residential construction index was only 0.5% higher than a year earlier, while non-residential and infrastructure costs increased more strongly.

01 · What changed

The annual pressure was stronger in transport, fuel and electricity and in labour than in construction materials. That matters because developer cost pressure is not uniform across every project type.

02 · Investment impact

For residential buyers, the data does not support assuming that every price increase is caused by construction costs. Compare developer pricing with local demand, supply, land value and project quality rather than accepting cost inflation as the only explanation.

This material is based on online research and publicly available information.

National Statistics Office of Georgia

For information only; this article is not investment advice. Consult qualified legal, tax and real estate professionals before making an investment decision.