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How much would a steam boat cost?

In 1841, the average cost to build a steamboat was $35,000 with a daily running expense of $200. Using an inflation calculator, in 2020 dollars, the steamboat would cost $1,031,450 to build and $5,894 per day to operate.



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Five major commercial steamboats currently operate on the inland waterways of the United States. The only remaining overnight cruising steamboat is the 432-passenger American Queen, which operates week-long cruises on the Mississippi, Ohio, Cumberland and Tennessee Rivers 11 months out of the year.

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Railroads Replace Steamships But while river transportation had improved greatly, it still could not compete with the expanse and speed of the railroad system. Though not depicted in Storm King, the railroad and steam-powered locomotive had arguably had the greatest impact on both transportation and western expansion.

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At the average speed of 15 miles per hour this desirable result would be nearly accomplished, and surely, when some of our clipper ships, under canvas, have run over 22 miles per hour, it is not too much to expect that our steamships will make voyages across the Atlantic at an average speed of 15 miles per hour.

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Most steamboats were eventually retired, except for a few elegant “showboats” that today serve as tourist attractions.

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