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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.

Gravel is the most economical and least expensive driveway material, costing between $1 and $3 per square foot. This is significantly cheaper than alternatives like asphalt or concrete. However, it's important to consider long-term costs, as gravel driveways require regular maintenance. You will likely need to add new gravel filling once or twice a year and regularly rake it to keep it level, which can add to the overall cost over time.

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.

Recycled asphalt is a durable choice for a driveway, but doesn’t have the same appearance and low maintenance as standard asphalt. For long driveways in rural communities, recycled asphalt can make a great choice. Recycled asphalt is 20% to 30% percent less expensive than standard asphalt and is better for the environment.