Chicago is digging a 1-mile long, 18 ft. diameter concrete-lined waterproof tunnel with a TBM for ... $70M.
Its for flood control, not transit, but (/and) its an interesting datapoint in the infrastructure cost conversation.
http://www.chicagotribune.com/news/local/breaking/ct-albany-park-tunnel-htmlstory.html
I like the sound of that price per mile, but that article does nothing to put the described project into context. As I understand TBM economics, there is a steep exponential climb as you go up the diameter scale. Well, not exponential: but steep.
The article calls the TBM "enormous", but at 18 feet diameter, it's less than a third the diameter of the "Big Bertha" machine out in Seattle. Big Bertha was the largest diameter TBM at the time it was built (and maybe still holds the record?), so I grant that I just jumped to the other end of the scale. But an 18foot diameter tube is just not that big these days compared to what's being deployed regularly in major cities not named Boston. When it rolled off the plant at Herrenknecht, it probably looked like a toy compared to their big boys. Check out their website, you really have to rummage around to find something this small:
https://www.herrenknecht.com/en/home.html
The Big Bertha TBM itself cost $80M - just the machine. The original budget was $3.4B for a 2 mile tunnel project, before it all went sideways. Some of that budget might be for removal of the old viaduct, but in any event, my point is, as you go to bigger diameters, the price really soars.
I
have seen repeated assertions that TBM costs are consistently dropping and I hope it's true. But given the size of TBMs we'd need to dig the NSRL (just picking one project completely at random), I think we're still up into the $Billions.
ETA: I would be very interested to see if we could find a similar sized tunnel dug, say, twenty years ago, to compare costs. It could be that this $70M is in fact a huge decrease in tunneling costs from prior generations of machines of similar size. I would think that would bode well, relatively speaking, for the larger ones, too.