Skip to content
Home » News » Municipal » Cost of infrastructure projects have increased 77-256% due to inflation in New York

Cost of infrastructure projects have increased 77-256% due to inflation in New York

New York has spent billions on infrastructure in recent years, but a new report indicates that the money didn’t go as far as it would have in the past.

The state’s Association of Towns says inflation has had a major impact on infrastructure spending from the top down.


Fuel costs have increased 256%, asphalt prices have risen 77.5%, and steel prices jumped 115%.

Those are just a few of the costs that go into infrastructure rehabilitation.

Officials at all levels say these increased costs have had a major impact on ability to complete projects.



Top