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Costs range from $3 to $7 per square foot, depending on the area size and project scope.

Asphalt can get sticky in high temperatures and intense sunlight and is better for cooler or moderate climates, while concrete is more likely to crack in colder climates where water can seep into the slab and freeze. Asphalt requires more maintenance in terms of sealing, it has a slightly shorter lifespan, on average, and it’s a bit more expensive to install. Concrete will last longer with less maintenance, and it offers you more options for customization, including staining and stamped patterns. As such, a concrete driveway adds to home value more than an asphalt driveway in many cases.

An asphalt overlay or top coat costs between $3 and $7 per square foot. For a standard, single-car driveway that’s 10 feet wide and 20 feet long, that’s a total of between $600 and $1,400. For a two-car driveway, you’re looking at a total of between $1,200 and $3,000.

Wet cutting is usually the preferred method. It controls dust, which helps protect your lungs and makes for a cleaner working environment. Plus, the water cools the blade, preventing overheating and prolonging its life while providing smoother, more precise cuts. The downside is the mess—water and asphalt sludge can be messy to clean. Dry cutting, though convenient if water isn’t available, creates a lot of dust, which can be harmful. This also increases the risk of blade damage due to overheating. So, if you have the option, wet cutting is the better method for most asphalt jobs.