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Compared to a 10x20 concrete driveway costing between $800 and $3,000, a resin bound driveway of the same size costing $3,900 to $4,000 is the more expensive option. However, the cost still makes resin a cheaper option compared to a 10x20 paver driveway costing an average of $12,000.

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.

The best ways to increase the lifespan of your driveway are to carry out proper maintenance and get repairs done quickly. First, reseal your driveway every one to three years to protect it from the elements. If you start to notice significant cracks, hire a professional to diagnose the problem before it gets more serious. You can also use sand instead of salt when de-icing your driveway (since salt is corrosive) and clean your driveway annually using a pressure washer to keep it in tip-top shape.

You can pour concrete over asphalt if it’s in good condition, thick, stable, and well-compacted. Concrete is more durable than asphalt and can extend the lifetime of your driveway without having to pay frequent asphalt driveway repair costs or replace it completely. 

But this is best reserved as a temporary solution based on budget restraints, as asphalt requires more frequent repairs and assessments than concrete. Once that concrete top is poured, it’ll be harder to accurately understand what’s happening beneath that layer, which could lead to more issues.