Edson Tennyson PE, writes that Denver's C and D LRT lines, Portland's MAX LRT to the PDX Airport, Salt Lake City's Trax LRT to Sandy, and St. Louis the MetroLink LRT extension from East St.Louis to Scott Air Force Base – a total of about 45 miles of LRT in all – cost approximately $23 million a mile "including cars and some shops". Phoenix's new LRT, presently under construction almost entirely in the street, "is costing more than twice that with five years of inflation (15% total) and much street reconfiguration." Ed assigns LRT a rate of 3.0 percent depreciation, "so the annual cost of $23 million is $700,000."
In contrast, Ed points out, Pittsburgh's West Busway, built at generally the same time as the above LRT lines, cost approximately $50 millon per mile without the cost of buses included – although it had a tunnel rehab involved. However, the busway also benefited from a pre-graded right-of-way from a former railroad. No buses or garages were included in the cost.
The Harbor Freeway Transitway (busway) in Los Angeles also cost approximately $50 million per mile, with less pavement cost for HOV construction but higher station costs in the freeway. Ed figures that, with shorter bus and pavement life, the depreciation rate is 5% – so the annual cost, with the cost of buses included, is $3.5 million per mile ... "far in excess of LRT cost. " In fact, Ed emphasizes, "Five times as much."
While LA's "Orange Line" busway cost only about $14 million per mile, plus the cost of buses and their facilities, Ed contends that "that low cost is not honest." He points out that the right-of-way was previously acquired for LRT (but political problems stemming from local community opposition resulted in legislation prohibiting the installation of a surface LRT line in the corridor).
Ed adds 25 percent to the project cost for the right-of-way, and adds in the cost of the buses, bringing the annual depreciation to about $1.4 million per mile, "double LRT cost." Then, Ed notes, annual operating cost must be considered.
LRT averages $180 per car hour for a peak load of 125 passengers, equal to $1.44 per passenger or 36 cents per passenger-mile (assuming average trip length of 4 miles). In contrast, Ed notes, buses cost about $100 per hour in larger cities, with 58 peak passengers at the same square-foot occupancy as LRT, so the cost is $1.72 per passenger and 43 cents per passenger-mile (again, assuming 4 miles)
Unfortunately, Ed points out, "There is no real world operating data on a Busway. It is buried in system averages. If we use such averages, buses cost 80 cents per passenger-mile. Hopeless."
Ocklawaha