Another factor that homeowners have to consider is the cost of installation. On average, concrete clocks in as the costlier option, with customization playing a factor in the overall bill. Asphalt, with its limited installation options, almost always provides a cheaper option for homeowners. On average, installing each square foot of asphalt will cost from between $2.50 to $4.00, while each square foot of concrete can average from $4.00 to $6.00. Factoring in stains, finishes, and detailing, a square foot of concrete could run as high as $15.00 or more. However, installation cost is only one part of the overall price equation. In addition to material, other factors that can aggravate overall project cost include the dimension of the driveway, any drainage features, design elements, and surrounding landscaping.