Cost

The cost to install a bike sharing system can range from $3,000 to $5,000 per bike inclusive of kiosks, racks, and installation costs in Los Angeles.

A Los Angeles Metro Concept of Operations reports estimates the costs to install a bike share system in the Los Angeles area.


01/01/2011
Los Angeles; California; United States


Summary Information

In 2011 the Los Angeles (LA) Public Transit Authority, LA Metro, conducted a study of on the feasibility of developing a publicly run bike sharing system in the greater LA area. From this effort, LA Metro went on to develop a concept of operations for this bike sharing system. This concept of operations includes detailed capital cost information for the installation of a bike sharing system.

Capital Costs

A bike sharing system costs about $3000 to $5000 dollars per bike. This price factors in the cost of:
  • Bikes
  • Bike racks
  • Kiosks/terminals for renting the bikes
  • Minor construction to install the bike racks and rental kiosks
  • Other miscellaneous capital expenses.


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Source

Bike Share Concept Report

Published By: Los Angeles County Metropolitan Transportation Authority

Source Date: 01/01/2011

URL: http://libraryarchives.metro.net/DPGTL/publications/2011-FINAL-Bike-Share-Concept-Report.pdf

System Cost

Bike sharing system cost: $3K to $5K per bike

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Related Unit Cost Subsystems

Remote Location (RM)

Keywords

smart cards, Smartcard

Cost ID: 2020-00459