How much does HS2 cost per mile?

HS2: The World’s Most Expensive Railway

The United Kingdom’s ambitious High Speed 2 (HS2) rail project has been plagued by escalating costs, leading to significant delays and a scaling back of its original plans. The project, which was initially envisioned to connect London to the north of England, has been reduced to a single phase that will only connect London to Birmingham.

According to government estimates, the cost of HS2 is now estimated to be between £44.6 billion and £56 billion ($58.4 billion to $70 billion). However, critics argue that these estimates are unrealistic and that the final cost could be significantly higher.

The staggering cost of HS2 has raised concerns about its economic viability. The project is expected to cost around $416 million per mile, making it the most expensive railway in the world. This is in stark contrast to other high-speed rail projects around the world, which typically cost between $100 million and $200 million per mile.

The high cost of HS2 is due to a number of factors, including:

• The need to construct new tunnels and bridges through densely populated areas
• The cost of acquiring land
• The use of expensive construction materials
• The need to compensate landowners for disruption caused by the construction

The government has defended the cost of HS2, arguing that it will generate significant economic benefits. The project is expected to create thousands of jobs and boost economic growth in the regions it serves. However, critics argue that these benefits are overstated and that the project will ultimately be a waste of money.

The future of HS2 is uncertain. The project has been delayed several times and its costs continue to rise. The government has said that it is committed to completing the project, but it is unclear whether it will be able to do so within the current budget.