Construction costs are relatively uniform across AMER and EMEA, with significant variation in APAC between developed and emerging markets
2026 average data center construction costs in the largest global markets ($ millions per MW)
Source: JLL Research, 2025 • Average build costs for the shell and core of a single-tenant 50 MW air-cooled data center. Land acquisition and active IT equipment costs are excluded. Liquid-cooled facilities have a 10% cost premium. Add 20% to construction costs for multistory facilities in AMER.
$18
$16
$14
$12
$10
$8
$6
$4
$20
Tokyo
Singapore
Seoul
Sydney
Mumbai
Chicago
N. Virginia
Phoenix
Dallas
Atlanta
London
Frankfurt
Paris
Amsterdam
Dublin
Region
APAC
AMER
EMEA