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Indiana paid an average $46M per centerline mile for interstate construction in FY2026, up nearly 450% since 2015

Indiana spent an average of $46 million to build a centerline mile of interstate in the 2026 state fiscal year, a rise from $8.4 million in FY2015. The October 2, 2026 report attributes the jump to inflation, higher material and equipment demand, complex urban projects and major bundled programs, the source says.

BUSINESSINDY BRIEFPublished October 2, 2026 at 5:03 AM EDTLiving story · 2 sources
AI-generated illustration of the topic: Indiana paid an average $46M per centerline mile for interstate construction in FY2026, up nearly 450% since 2015
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This brief is based on an Indiana Capital Chronicle report by Leslie Bonilla Muñiz published Oct. 2, 2026. The story reports Indiana’s fiscal-year 2026 average cost to construct a centerline mile of interstate was $46 million — up nearly 450% from a $8.4 million average in fiscal 2015 — and that the FY2026 figure included work on the Revive I-70 project (Wayne County) and Safer Drive 65 (Scott and Clark counties).

The article cites INDOT spokeswoman Natalie Garrett and industry consultant Brian Gould identifying drivers of higher costs: national construction-cost inflation (the FHWA index rose more than 60% from 2020–2025), pricier steel and concrete, supply-chain and pandemic effects, competition for materials and equipment from data-center construction, more complex urban work and traffic-control needs. It also notes INDOT bundles projects, uses competitive bidding and alternative delivery approaches and relies on 20-year asset-management plans, per the source.

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