The cost of the manpower used to operate a new home will depend, in part, on the location of the home, according to a new report from the US Department of Labor.
The new report, titled Manpower, said that the cost of installing manpower in two-bedroom homes is expected to range between $8.8 billion and $9.1 billion in 2020.
The report, released Monday, is the first to look at the cost associated with staffing home improvement projects.
It notes that a one-bedroom home in San Francisco costs $5.8 million to $6.4 million, while a two-bedroom home in Boston costs $8 million.
But if a two bedroom home costs $1.8M to $1,837, the costs would drop by $1M to about $1B, the report found.
In addition, it noted that the labor costs of a project in an urban environment would likely be lower because of the lack of parking and public transportation in those areas.
Manpower’s report was commissioned by the city of New York and the New York Housing Authority, which both operate their own home improvement programs.
New York City is currently the largest city in the US with over 30,000 housing units that can be serviced by a single-family home improvement program.
The New York housing authority has invested more than $2.5 billion in the project, according the report.
Manpower said it will release the report on Tuesday.