Crawler-mounted hydraulic excavators were the type of construction equipment in the United States and Canada with the most expensive weekly rental rates in the second quarter of 2023. Nevertheless, the monthly rental rates of standard crawler dozers were even higher than those of excavators. The average monthly rental rate of electric self-propelled scissor lifts was 1,316 U.S. dollars. Tokyo was one of the cities worldwide with the highest cost of hiring a 50-ton mobile crane and an operator in 2022.
Average weekly and monthly rental rate of construction equipment in the United States and Canada in the 2nd quarter of 2023, by equipment type
(in U.S. dollars)
Characteristic
Weekly rates
Monthly rates
Standard crawler dozers
2,334
6,600
Crawler mounted hydraulic excavators
2,478
6,506
4-Wd articulated wheel loaders
2,345
6,393
Single drum vibratory compactors
1,853
4,840
Telescoping boom rough terrain lift trucks
1,756
4,096
Compact track loaders
1,238
3,013
Crawler mounted compact excavators
1,154
2,822
I.C. pneumatic tire lift trucks
1,081
2,705
Skid steer loaders
1,017
2,431
Electric self-propelled scissor lifts
623
1,311
Created with Highcharts 7.2.2Value in U.S. dollars6,6006,6006,5066,5066,3936,3934,8404,8404,0964,0963,0133,0132,8222,8222,7052,7052,4312,4311,3111,3112,3342,3342,4782,4782,3452,3451,8531,8531,7561,7561,2381,2381,1541,1541,0811,0811,0171,017623623Weekly ratesMonthly ratesStandard crawler dozersCrawler mounted hydraulic excavators4-Wd articulated wheel loadersSingle drum vibratory compactorsTelescoping boom rough terrain lift trucksCompact track loadersCrawler mounted compact excavatorsI.C. pneumatic tire lift trucksSkid steer loadersElectric self-propelled scissor lifts
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Average weekly and monthly rental rate of construction equipment in the United States and Canada in the 2nd quarter of 2023, by equipment type
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EquipmentWatch. (July 24, 2023). Average weekly and monthly rental rate of construction equipment in the United States and Canada in the 2nd quarter of 2023, by equipment type (in U.S. dollars) [Graph]. In Statista. Retrieved February 22, 2025, from https://www.statista.com/statistics/1381698/average-rental-rate-of-construction-equipment-in-the-us-by-equipment-type/
EquipmentWatch. "Average weekly and monthly rental rate of construction equipment in the United States and Canada in the 2nd quarter of 2023, by equipment type (in U.S. dollars)." Chart. July 24, 2023. Statista. Accessed February 22, 2025. https://www.statista.com/statistics/1381698/average-rental-rate-of-construction-equipment-in-the-us-by-equipment-type/
EquipmentWatch. (2023). Average weekly and monthly rental rate of construction equipment in the United States and Canada in the 2nd quarter of 2023, by equipment type (in U.S. dollars). Statista. Statista Inc.. Accessed: February 22, 2025. https://www.statista.com/statistics/1381698/average-rental-rate-of-construction-equipment-in-the-us-by-equipment-type/
EquipmentWatch. "Average Weekly and Monthly Rental Rate of Construction Equipment in The United States and Canada in The 2nd Quarter of 2023, by Equipment Type (in U.S. Dollars)." Statista, Statista Inc., 24 Jul 2023, https://www.statista.com/statistics/1381698/average-rental-rate-of-construction-equipment-in-the-us-by-equipment-type/
EquipmentWatch, Average weekly and monthly rental rate of construction equipment in the United States and Canada in the 2nd quarter of 2023, by equipment type (in U.S. dollars) Statista, https://www.statista.com/statistics/1381698/average-rental-rate-of-construction-equipment-in-the-us-by-equipment-type/ (last visited February 22, 2025)
Average weekly and monthly rental rate of construction equipment in the United States and Canada in the 2nd quarter of 2023, by equipment type (in U.S. dollars) [Graph], EquipmentWatch, July 24, 2023. [Online]. Available: https://www.statista.com/statistics/1381698/average-rental-rate-of-construction-equipment-in-the-us-by-equipment-type/
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