Bus Rapid Transit - Cost

Cost

The capital costs of implementing BRT lines can be lower than up-front costs of constructing LRT lines. A study by the United States Government Accountability Office found that the average capital cost per mile for busways was $13.5 million while light rail average costs were $34.8 million. However, a huge range of capital costs can be seen, as BRT lines can cost anywhere from $200,000—$55 million per mile, while LRT lines can range from $12.4—$118.8 million per mile. The total investment varies considerably due to factors such as cost of the roadway, station structures, park-and-ride facilities, traffic signal systems and vehicles.

The costs of a running a BRT system is about $13.49 a mile and the total cost for a year of expenditure is $987.80 according to a study done by the GAO. Running a BRT system is much less expensive than running a light rail system. The BRT is also much less expensive than a trolley system.

Read more about this topic:  Bus Rapid Transit

Famous quotes containing the word cost:

    In the early days of the world, the Almighty said to the first of our race “In the sweat of thy face shalt thou eat bread”; and since then, if we except the light and the air of heaven, no good thing has been, or can be enjoyed by us, without having first cost labour.
    Abraham Lincoln (1809–1865)

    Life! Life! Don’t let us go to life for our fulfilment or our experience. It is a thing narrowed by circumstances, incoherent in its utterance, and without that fine correspondence of form and spirit which is the only thing that can satisfy the artistic and critical temperament. It makes us pay too high a price for its wares, and we purchase the meanest of its secrets at a cost that is monstrous and infinite.
    Oscar Wilde (1854–1900)

    The true reformer does not want time, nor money, nor coöperation, nor advice. What is time but the stuff delay is made of? And depend upon it, our virtue will not live on the interest of our money. He expects no income, but outgoes; so soon as we begin to count the cost, the cost begins. And as for advice, the information floating in the atmosphere of society is as evanescent and unserviceable to him as gossamer for clubs of Hercules.
    Henry David Thoreau (1817–1862)