Gravel is one of the most affordable materials on the market making a gravel driveway the most cost-effective driveway you can install. Generally, a gravel driveway will cost about $1 per square foot on the low end to $3 per square foot on the higher end. At $3 per square foot, you are still spending less for a higher-end gravel driveway than you would for any solid surface driveway.
Several factors will affect the cost of a gravel driveway installation. One is the type of gravel used, (yes, there are nice options) how far the gravel has to be trucked in and how wide your driveway needs to be. How much grading and site prep needs to be done and the depth of the gravel that will be optimal for your needs will also affect the cost.
Compare a gravel driveway with a paved one and you will discover additional benefits. A gravel driveway can be replenished on an on-going basis to keep it looking nice. Seasonal freeze and thaw cycles will not harm your gravel driveway near as much as a concrete or asphalt driveway. Wide temperature changes often leave solid surface driveways with cracking and settling problems. Damage to an asphalt or concrete driveway is hard to fix and eventually will need to be replaced, and that’s an “ouch” to your pocketbook.