Asbestos has widely been used in buildings due to the characteristics of insulation and economic feasibility. However, asbestos has been designated as a banned item list by IARC since 1980s as it was classified as the material which cause diseases. Therefore, the problems that asbestos containing materials are not be used and maintained but be dismantled and disposed have come to the fore. Therefore, this study considered wide legislations about dismantlement and demolition of asbestos containing materials, the relevant guidelines, and standards of estimate. As a result, the whole process to dismantle and demolish asbestos containing materials was listed and the detailed estimation equations and cost items were coded. The detailed estimation equations by process and inventory of the cost items were built. And the estimation equations for the disposal costs of asbestos containing materials incurred in the whole process were developed by summing up the disposal costs by process. The clear standards about the disposal costs incurred in the whole process to dismantle and demolish asbestos containing materials suggested by this study is expected to be utilized as valuable basic data when dismantlement and demolition will be planned at the pan-governmental level in the future.