What Is The Average Cost Of A Locomotive? Average Locomotive Price

The price of a locomotive varies significantly depending on several factors including its type, electronics, and power distribution system. A single AC locomotive may cost approximately $2.3 million while the low-end AC ones can cost around $1.4 million. As far as the modern locomotives are concerned, they do not need to go through any major overhauling before a million miles (approximately). On an average, a locomotive costs as much as $35,000 on an annual basis for maintenance and fuel.