NCIDQ Interior Design Professional Exam (IDPX) Practice Exam

To determine the estimated cost of construction in Raleigh-Durham based on the given cost in St. Louis, it's important to understand cost indices or adjustments that may apply between different regions. Construction costs vary significantly based on factors such as local labor market conditions, material availability, and economic conditions.

In this case, if we reference typical construction cost indices or multipliers reflecting the differences between Raleigh-Durham and St. Louis, we would calculate the Raleigh-Durham cost from the St. Louis benchmark. The correct answer indicates an adjustment reflecting these factors, which appears to lead to the conclusion of a construction cost of about $952,375.

This figure might be influenced by factors like lower labor or material costs in the Raleigh-Durham area compared to St. Louis, which would contribute to the final estimated cost being lower than the initial construction amount in St. Louis.

Understanding the regional economic variations and applying an appropriate adjustment based on those indices is essential for making accurate estimates in construction budgets across different locations.