How much did the railroad cost per mile?

The cost of building a mile of new railroad track through average Midwestern terrain can vary depending on various factors such as the specific location, terrain conditions, track specifications, labor costs, and materials used. However, as a rough estimate, the cost can range from $1 million to $3 million per mile.



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Passenger train travel in the 1880s generally cost 2-3 cents per mile. Transcontinental (New York to San Francisco) ticket rates as of June 1870 were $136 for first class in a Pullman sleeping car; $110 for second class; $65 for third or “emigrant” class seats on a bench.

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Did you know? Before the building of the Transcontinental Railroad, it cost nearly $1,000 dollars to travel across the country. After the railroad was completed, the price dropped to $150 dollars.

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The initial construction of Union Pacific grade traversed land owned by Durant. Durant's railroad was paid by the mile, and to further inflate its profits, the Union Pacific built oxbows of unneeded track, and by July 4, 1865, it had only reached 40 miles (64 km) from Omaha after 2½ years of construction.

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Jay Gould Infamous for manipulating stock, Jay Gould was the most notoriously corrupt railroad owner. He became involved in the budding railroad industry in New York during the Civil War, and in 1867 became a director of the Erie Railroad.

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This culminated in the April 28, 1869, record set by Chinese and Irish crews of the Central Pacific who laid 10 miles 56 feet (16.111 km) of track in one day.

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The building of America's railroads involved African Americans, many working as slaves. Virtually every railroad built in the Pre-emancipation Era South was built using slave labor. During the Civil War (1861–1865) the US Military Railroads (USMRR) employed thousands of freeman and contraband slaves (as seen here).

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High Compensation: In 2020, Class I freight rail employee compensation, including benefits, averaged about $135,700 per year. Railroad retirees are covered by the Railroad Retirement System, which is separate from social security and is funded by railroads and their employees.

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Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), nicknamed the Commodore, was an American business magnate who built his wealth in railroads and shipping.

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Per mile, the New York project cost $2.6 billion, which is high even by U.S. standards. For example, the Purple Line in Los Angeles cost $800 million per mile.

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Some travelers continued to take wagons over the old trail as late as the 1920s. Why? Usually because they didn't have the money to buy train tickets to take their families west, or they had livestock that needed herding along, but sometimes just because they loved the old-timey adventure of it.

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These men, names like James Hill, Jay and George Gould, Cornelius Vanderbilt, Edward Harriman, and Collis P. Huntington are largely responsible for building much of the country's network.

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When a family decided to join a wagon train, it often had to save money for three to five years before it could even begin the journey. The wagon cost around $400. The cost of the trip with supplies could be as much as $1,000.

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Initially, Chinese employees received wages of $27 and then $30 a month, minus the cost of food and board. In contrast, Irishmen were paid $35 per month, with board provided. Workers lived in canvas camps alongside the grade.

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Locomotive engineers. Rail yard engineers, dinkey operators, and hostlers. Railroad brake, signal, and switch operators and locomotive firers. Railroad conductors and yardmasters.

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Passengers shared benches and if they did not have traveling companions they were paired up with a partner, which Stevenson called “chums” to share a plank on which to sleep. They prepared their own food except when there were stops along the way. Trains could leave with no warning.

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The Australian BHP Iron Ore is the longest train ever recorded in history at approximately 4.6 miles (7.353 km). In the Pilbara region of Western Australia, BHP owns and runs the Mount Newman railway. This is a private rail network designed to transport iron ore.

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As of 2020, Texas was the U.S. state with the largest railroad mileage, reaching over 10,400 miles.

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The industrialized Union possessed an enormous advantage over the Confederacy — they had 20,000 miles of railroad track, more than double the Confederacy's 9,000 miles.

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Tamalpais & Muir Woods Railroad of California.

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