Cedar is generally more expensive than pine. This is due to several factors, including the quality, durability, and demand for cedar wood. According to the American Hardwood Export Council, cedar is priced at an average of $4.50 per board foot, while pine is priced at an average of $2.50 per board foot. The higher cost of cedar is attributed to its superior characteristics, such as its natural resistance to decay, pleasant aroma, and aesthetic appeal. Additionally, cedar is often used in high-end construction and furniture projects, which drives up its price.