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Yes, an LVL beam is more affordable than the cost of a steel I-beam, totaling between $50 and $200 per linear foot as opposed to the $100 to $400 per linear foot you’d pay for a steel I-beam. Not only is the wood material more affordable than steel, but it’s also more similar to traditional wooden beams and doesn’t require as much retrofitting to connect joists.

Steel I-beams are an increasingly popular choice for supporting a structure because they support a large amount of weight with a small profile and without the need for load-bearing walls or supports underneath. This allows for more open floor plans, which most people tend to prefer. They also resist fire, pests, and rot and last for the lifetime of your home.

Professional metal fabricators usually charge around $70 per hour. Three of the largest cost factors are the size and complexity of the project and the price of materials. The type of metal can impact the cost as much as the intricacy of the metal fabrication you want done. Another cost factor is your geographic location, as labor and materials can vary widely depending on the cost of living where you live.

No, beams are the primary load-bearers for flooring or roofing systems, and they distribute the weight of the structure to your foundational supports, while joists bear far less weight and distribute their loads to the beams. Beams are usually thicker and longer, and they have support posts or foundation walls beneath them for support.