Mahogany is generally more expensive than oak. This is due to several factors, including the rarity of certain mahogany species, its durability, and its aesthetic appeal. According to the American Hardwood Export Council (AHEC), mahogany prices can vary widely depending on the species and the market demand. For instance, African mahogany, which is one of the most sought-after species, can be significantly more expensive than American oak.

The rarity of certain mahogany species contributes to its higher price. Many mahogany trees are now protected due to overharvesting, which has led to a decrease in supply. This scarcity drives up the cost of mahogany wood. Additionally, mahogany is known for its durability and resistance to decay, making it a popular choice for high-end furniture and construction projects. These qualities further justify its higher price point.

In contrast, oak is a more abundant species, which helps keep its price relatively stable. While oak is also highly valued for its strength and aesthetic qualities, it is not as rare or as sought-after as mahogany. According to the Wood Products Council, the average price of oak lumber in the United States is typically lower than that of mahogany.

Data from the AHEC and the Wood Products Council illustrate the price difference. For example, in 2020, the average price per board foot of African mahogany was around $6.50, while American red oak was priced at approximately $3.50. This significant difference in price underscores the fact that mahogany is generally more expensive than oak.