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Yes, recycled asphalt driveway costs can be substantially lower than new asphalt. With new asphalt costing between $90 and $190 per ton, this option can cost as much as 10 times more than laying down asphalt millings.

While blacktop is a type of asphalt, the terms should not be used interchangeably, as not all asphalt qualifies as blacktop. The primary differences are in their composition, production process, and ideal applications. Blacktop contains more stone than other types of asphalt and is heated to a higher temperature during production—300°F or more—while hot-mix asphalt is heated to between 275°F and 300°F. The ratio of bitumen (a tar-like crude oil) is a key differentiator, though sources vary: some state blacktop has less bitumen, making it less durable, while others claim it has a higher ratio. Due to these differences, asphalt is generally more durable and better for high-traffic areas like highways and streets, while blacktop is more suitable for playgrounds and residential driveways. For a driveway project, it is best to consult a professional to determine the most appropriate material.

The average cost of 1,500 square feet of asphalt ranges from about $10,500 to $22,500, depending on location, thickness, base material, and how accessible the job site is to crews and equipment. Keep in mind that your asphalt material cost may vary depending on its type, ranging from porous asphalt to heated blacktop. Standard asphalt costs $7 to $13 per square foot.

When asphalt cures, it typically changes from a very dark black hue to a lighter, more matte gray color. Cured asphalt also won’t be tacky or sticky to the touch or emit any odors from the asphalt mix. Additionally, the surface of fully cured asphalt won’t deform under any pressure.