What is the average cost to build a new school?

The average cost to build a new school varies widely based on location, size, and design but typically ranges from $15 million to $50 million. Factors such as local construction costs, land acquisition, and the type of facilities included (e.g., sports complexes, laboratories) can significantly influence the final price. Additionally, state and federal funding, as well as community support, can also impact the overall budget.