Angie’s List members recently reported paying an average of $5,308, with a pricing range between $4,500 and $6,100. The average cost of a concrete driveway, by comparison, is almost $7,400. CostHelper estimates the cost to install an asphalt driveway to be between $2,300 and $10,300. Homeowners typically pay per square foot. Reibling adds the average cost per square foot is between $3.50 and $4.50. Some asphalt contractors may charge by the ton, with the cost ranging from $100 to $150 per ton. Reibling, meanwhile, has a minimum charge of $2,800 for smaller driveway because the same amount of equipment needs to be brought to the job, regardless of its size.