How Much Did It Cost to Build the Titanic?

How Much Did It Cost to Build the Titanic?

How Much Did It Cost to Build the Titanic?

In 1912, the cost to build the Titanic was $7.5 million. In today's economy, that is equivalent to a cost of $400 million. Construction of the Titanic began March 31, 1909.

The Titanic's maiden voyage began in Southampton, England, with stops in France and Ireland prior to sailing for New York and a total of 1,343 passengers and 885 crew members aboard the ship. First-class parlor suite accommodations cost $4,350, first-class $450, second-class $60 and third-class ranged from $15 to $40. Fully loaded, the Titanic weighed 48,328 tons, burned 825 tons of coal in one day and had a top speed of 23 knots, or 26.47 miles per day.