Shipping containers are quite popular thanks to the endless advantages they offer. One of them is, for sure, the flexibility that enables them to be utilized for various purposes. From extra storage, homes, offices, and storage areas to shipping goods, shipping containers are the perfect answer to many questions.
In light of these, a shipping container can be the solution you need for your unique needs. In this case, you do need to learn more about these huge metal boxes. One of the first questions that come to mind is definitely the cost of a shipping container, which requires the determination of the factors that affect the overall price of a shipping container. We have prepared a detailed guide for you to learn everything you should keep in mind to find the perfect shipping container that will both answer your needs and be suitable for your budget. So, keep reading our blog post to learn every information you need that will ease your job while picking the suitable shipping container for you.
What is a Shipping Container?
A shipping container can be described as a reusable steel box with strength suitable to withstand overseas shipment, storage, and handling. They have been used since the second half of the 20th century. Shipping containers have various sizes, like 20-and 40-foot, and can vary in materials as well.
They are also called Conex boxes, intermodal containers, and ISO containers. The ISO stands for International Standards Organization, the largest developer of international standards such as dimension specifications for shipping containers. This allows shipping containers for intermodal shipping, which means they can be transported via ship, rail, or truck without the need of having to load, unload and reload their contents.
What are the Costs of Shipping Containers?
The shipping container cost depends on the type of container you are purchasing. Simply put, different aspects and qualities of the containers affect the cost of each. Hence, it is the best way to take a deep look into each variation one by one.
1. Type
Many shipping container types have emerged as a response to the supply chain need to ensure the safety of the goods. Let’s get familiar with some famous types of shipping containers.
For instance, dry storage containers are the first thing that comes to mind when discussing shipping containers. They come in 20, 40, and 45 feet, and as the name suggests, they are used to transport dry goods.
Open-top containers enable to load of oversized cargo and can be covered with a tarp to protect the load against rain and other forms of precipitation.
Next up, open-side storage containers. They have one of the long sides that can completely be opened. This is especially good for wide merchandise to be placed inside.
Refrigerated ISO containers are used for the transportation of temperature-sensitive cargo. They have electrical power points which rely on an external power source.
Another well-known shipping container type is flat-rack shipping containers which are used for the transportation of cargo with special dimensions. Boats, trucks, and some machinery parts might be examples of such cargo.
2. Size
Size is another crucial aspect of a shipping container you should check before purchasing. 20-foot and 40-foot containers are the most common shipping container sizes. A standard ISO 20-foot shipping container’s size is; 20’ x 8’ x 8’6”. A 40-foot shipping container’s size is; 40’ x 8’ x 8’6”.
You can also find high-cube containers which are taller than standard-hight shipping containers. A 20-foot HC shipping container has the dimensions of 20’ x 8’ x 9’6,” and a 40-foot HC shipping container has 40’ x 8’ x 9’6”.
3. Rent or Buy a Shipping Container
Purchasing a shipping container is not the only way you have. Renting is another way you may prefer if the option suits your requirements.
Renting a container is a highly convenient option, especially if you need to utilize a shipping container for a temporary period of time.
You have two options when buying a shipping container: a new or a used shipping container. If the cosmetic condition of your shipping container is vital to you or you are planning to use your container to turn it into a living space, buying a new shipping container might be the best option for you. However, opting for a used shipping container will be a more budget-friendly option if you utilize your container for storage purposes, and minor dents and company logos on your container will not be a problem.
4. Other Factors to Consider
After purchasing the ideal container, you may want to take extra precautions. Paying extra for better storage is a smart and safe choice for your container.
- Insurance: If you want your belongings to face little to no chance of theft or damage, ensuring your container is a great choice. Paying an insurance fee every month can end up saving you thousands of dollars in the long run.
- Extra Security: Most of the time, some modifications regarding security, such as window security bars and lock boxes, will be enough to keep your belongings in your container safe.
- If you have valuable items in your storage containers, further security measures will definitely go a long way. In this regard, storage facilities can offer extra security measures, such as surveillance cameras, alarm systems, and security guards.
Frequently Asked Questions
How Wide Are Shipping Containers?
Shipping container dimensions vary in length, height, and width. Standard shipping containers are 8’ wide. High cube shipping containers have the same width but a 9’6” height. They are primarily used for increased storage space or better air circulation. You can find shipping containers with customized dimensions as well.
How Long Do Shipping Container Homes Last?
Shipping container homes are gaining popularity thanks to their versatility and durability.
These containers are resistant to corrosion and rust. While this is an excellent material against rust, it is not entirely immune to it. In high rainfall or high humidity areas, container homes tend to rust faster.
In light of these, It is imperative to take precautions to minimize rust for your shipping container homes. Exposure to humidity should be reduced to make your container home last significantly longer. Besides, it is essential to maintain a regular inspection routine for the determination of rusty areas that require attention and care.
Generally speaking, a storage container home built from used shipping containers tends to last about 15 years without any major maintenance. However, a storage container home built from new containers lasts around 25 years.
How Much is a Shipping Container Home?
Shipping container home prices vary depending on elements such as materials used, the type of container, and of course, the size.
Foundation is another factor that affects the price. You can go for a trench foundation when the concrete is poured into the ground. It is definitely the cheapest of the options. You should pick a slab foundation if the ground is soft. As an alternative to these, you can go for a pier foundation that uses a series of columns to support your shipping container home. The columns will keep your container home elevated off the ground, thus preventing it from sinking into the dirt or keeping water out.
Your shipping container cost will go up with the modifications, such as windows, doors, shelving, and other utilities.
Also, electricity and water systems, kitchen and bathroom areas, and other utilities such as A/C units or solar panels should be taken into consideration. These container modifications will make the price go up, but they will also enable you to personalize your container and perfectly utilize it according to your requirements.
Conclusion
As you can see, different aspects affect the price of shipping containers. The cost of shipping containers can range drastically, so it is wise to contact a well-trusted shipping container supplier before making a decision. After all, a shipping container is a big-ticket item. The different payment options are there to make things easier for you. As CMG, we are proud of the achievements we have gained throughout our 20 years of experience in the field. The most significant factor of our success in the industry depends on prioritizing 100% customer satisfaction by offering quality products and well-experienced and trustworthy services to our customers. It is always our joy to be a part of the realization of our customers’ dream shipping container projects. Hence, feel free to contact us for any reason for buying a shipping container, whether it is for storage, transportation, or a brand-new home. As CMG, we will gladly help you out pick the perfect shipping container that meets your expectations.
If you are interested in learning more about shipping containers in general, feel free to check our other blog posts provided below:
“8 Things You Need to Know BEFORE You Buy a Shipping Container”
“Designing and Living in Your Shipping Container Home”
“What is the Difference Between Used and New Shipping Container”
