Putting A Final Price Tag On Rebuilding New Orleans'

While no one can agree on an exact price for rebuilding the infrastructure of the city, most experts say the bill will top $100 billion.

1 minute read

November 23, 2005, 2:00 PM PST

By Brenda Meyer


"More than two months after the storm, no one else has come up with a definitive estimate, either. Guesses tend to range well above $100 billion but vary wildly from there.

On its own, rebuilding the levees in New Orleans to the level state and local leaders want is expected to cost $20 billion or more. Many roads -- including a bridge that forms part of Interstate 10 -- have to be rebuilt entirely. Labyrinths of underground cables, wires and pipes that spent weeks corroding amid the dank flood waters have to be ripped out and replaced. And thousands of buildings have to be leveled to make way for fresh construction."

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