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.

Made Public Date
05/20/2020

1

Los Angeles
California
United States
Identifier
2020-00459
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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.
System Cost

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

System Cost Subsystem