How much money could Los Angeles make if it started congestion pricing?



  1. 0 Votes

    This congestion pricing system will actually depend on how many cars there are on the freeway at a particular time in the day. Although prices will be as low as $0.25, high traffic times can lead to prices of up to $1.40 per mile. This will also depend on how many solo drivers are willing to pay to drive faster or willing to sit in traffic. It is important to note that this system is not mandatory but a voluntary toll system for drivings desperate to get home quicker during rush hours. So it is unlikely to tell right now how much revenue can be brought in, especially since it is still in testing mode. The reasonable assumption would be that the net profit should exceed the amount of money given in grants to build this project: $210.6 million.

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