The cost of asphalt and concrete driveways can vary depending on various factors such as the region, local material costs, labor expenses, and the size and complexity of the driveway. Generally, asphalt driveways tend to be less expensive to install initially compared to concrete driveways. Asphalt is typically cheaper per square foot than concrete.
However, it's important to consider the long-term costs and factors such as maintenance and durability. Concrete driveways are generally more durable and have a longer lifespan than asphalt driveways. They require less maintenance and are less prone to cracking and damage from heavy loads or extreme weather conditions. Asphalt driveways may require more frequent sealing and maintenance over time.
Ultimately, it's recommended to obtain quotes from local contractors to get a more accurate cost estimate for your specific project and location. Additionally, considering the durability and maintenance requirements in the long run can help you make an informed decision based on your budget and preferences.