When it’s time to replace your home’s roof, cost is often the deciding factor. Homeowners want an affordable quality roof, not the cheapest one that needs replacing again in a few years.
This makes total lifetime cost an important consideration when choosing roofing materials. In general, asphalt shingle roofing tends to have a lower upfront cost compared to metal roofing.
But due to metal’s extra durability and lifespan, it can become the more cost-effective option over the long run.
Upfront Costs
For the initial installation job, asphalt shingles are less expensive than metal roofing. So if just comparing the immediate out-of-pocket costs to install a new roof, asphalt shingles are typically cheaper than metal roofing.
You’ll pay less upfront to re-roof with basic asphalt. However, roof costs don’t end once it’s installed. You also have to consider maintenance, repairs, and eventual replacement in the overall cost.
This is where metal becomes the better value proposition. Since metal roofs last up to 3 times longer than asphalt shingles, they don’t incur the replacement costs as often.
For example, installing three asphalt roofs over 50 years costs more than installing just one metal roof for the same period. You also avoid the regular maintenance asphalt shingles require to extend their shorter lifespan.
And most metal roofs never need major repairs. Long-term savings on energy bills also favor metal roofs.
Their reflective properties and venting reduce cooling costs in hot climates.
Insurance Savings
An important but less obvious savings comes from insurance discounts.
Metal roofs often qualify for steep homeowners insurance discounts of 25% or more in hurricane and hail-prone regions. Asphalt cannot offer the same premium savings.
Added Resale Value
Metal roofs raise a home’s resale value more than asphalt. Buyers see the value proposition and long remaining useful life. These factors support higher sale prices.
Consider Total Costs
In summary, asphalt shingle installation carries lower upfront costs. But metal roofs provide greater lifetime value through longevity, durability, energy savings, insurance discounts, and added resale value.
Weighing total costs over decades of performance makes metal roofing a wise investment for many homeowners.
Consult with experienced roofing professionals to fully understand the cost comparisons and long-term economics. This ensures you select the truly affordable roofing solution for your situation. Don’t focus only on initial price.