
The 31.35 mile Channel Tunnel, built from Folkestone in England to Calais in France, cost 4.65 billion pounds in 1985 prices, or $18.8 billion in today's dollars. This comes to $600 million per mile. The distance from New York to Rome is 4280 miles. At the price of the Channel Tunnel, we could've built a railway underneath the Atlantic and the Mediterranean between these two cities for $2.57 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the total cost of the Iraq War.