How much does a train locomotive cost?

The cost of a train locomotive varies depending on the type of locomotive, its size, and its features. Generally speaking, a new diesel-electric locomotive can cost anywhere from $2 million to $5 million. Electric locomotives are typically more expensive, ranging from $5 million to $10 million. Specialized locomotives, such as those used for hauling heavy freight or for high-speed passenger trains, can cost even more.

In addition to the initial purchase price, there are also ongoing costs associated with owning and operating a train locomotive. These costs include fuel, maintenance, crew wages, and insurance. The total cost of owning and operating a train locomotive can vary significantly depending on the specific locomotive and the operating environment.