Tunnel
A typical urban transportation tunnel in the United States costs approximately $1-2 billion per mile to construct, representing the market value for a standard-length segment using modern tunneling methods.
Estimated value as of 2026 · Source: https://www.tunnelsandtunnelling.com/analysis/tunnelling-costs-and-production-ra…
Fun Fact
Tunnels in New York cost up to 10 times more per mile ($1.5-2.5B) than those in India or China ($100-200M), largely due to high soft costs like regulations and labor.
Price History
More in Real Estate
Manhattan Real Estate (1626 purchase price)
Manhattan Island, the densely populated core borough of New York City at the mouth of the Hudson River, originally purchased from the Lenape people in 1626 for goods valued at approximately $24.
Manhattan Penthouse (Billionaires' Row)
A luxury apartment on the upper floors of a skyscraper in Manhattan's most expensive neighborhood.
Manhattan Penthouse, 432 Park Avenue
Ultra-luxury penthouse in NYC's tallest residential building with 360-degree views.
Beverly Hills Mansion (10050 Cielo Drive Historical)
Ultra-luxury estate in the Hollywood Hills with history, celebrity ownership, and premium location.