BUSINESSINDYIndianapolis Business. Explained.← Today's news
REAL ESTATE

Indiana average interstate construction cost rose to $46M per centerline mile in FY2026, report says

The Indiana Capital Chronicle reports the state spent an average of $46 million to construct a centerline mile of interstate in the 2026 state fiscal year, up from $8.4 million in FY2015; the figures were shown on a State Budget Committee slide shared in late August 2026.

BUSINESSINDY BRIEFPublished October 2, 2026 at 5:03 AM EDTLiving story · 2 sources
AI-generated illustration of the topic: Indiana average interstate construction cost rose to $46M per centerline mile in FY2026, report says
AI illustration · Not a photograph of the reported event.

The Indiana Capital Chronicle reported that Indiana’s average cost to build a centerline mile of interstate reached $46 million in the 2026 state fiscal year. The figure includes full reconstruction and added travel-lane work such as the Revive I-70 project in Wayne County and the Safer Drive 65 project in Scott and Clark counties, the article said.

State and industry sources in the story attributed higher costs to inflation, pandemic-era supply disruptions, tariffs and rising demand for materials such as steel, concrete and asphalt. The report also lists project complexity—lane replacements and additions, widened shoulders, barrier walls, traffic and drainage control and complex maintenance-of-traffic setups on I‑70 and I‑65—as drivers. The article notes INDOT’s use of 20-year asset-management plans, project bundling, competitive bidding and alternative delivery methods.

Report a correction · Editorial standards · Our source directory

BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.

Related coverage

Explore the topic

Reader discussion

Join the discussion. Every comment is checked before publication. Community rules and appeals