How much will the California bullet train cost?

California bullet train cost rises by another $1 billion. The estimated cost to complete California’s high-speed rail line rose another $1.3 billion, to $80.3 billion, while construction is on schedule to meet a 2022 deadline to have about 20% of the track laid, according to a new business plan released Wednesday.Click to see full answer. Correspondingly, how much money has been spent on the California bullet train?After downplaying risks of cost overruns, in January 2018 the Authority acknowledged that cost estimates for the initial segment had increased to $10.6 billion. In 2018, it was estimated that the first phase of CHSR will cost $77 billion in year-of-expenditure dollars, assuming a 2033 completion year and 3% inflation.Beside above, how fast will California bullet train go? 200 miles per hour Moreover, how much does the bullet train cost? Note that the cost of a normal one-way shinkansen (bullet train) ticket from Tokyo to Kyoto is Y13,080 and the roundtrip fare is Y26,160. An ordinary one-week pass is Y29,110. A one-way trip on the JR N’EX (Narita Express from Narita International Airport into Tokyo) costs Y3020.How much will a ticket on the California High Speed Rail Cost? California High-Speed Rail The high-speed rail is significantly faster than traveling by car but still slower than traveling by plane. An average ticket is expected to cost $80 to $90.