Cost of the Olympic Games

Sports-related costs for the Summer Games since 1960 is on average USD 5.2 billion and for the Winter Games USD 3.1 billion. This does not include wider infrastructure costs like roads, urban rail, and airports, which often cost as much or more than the sports-related costs. The most expensive Summer Games are London 2012 at USD 15 billion and the most expensive Winter Games are Sochi 2014 at USD 21.9 billion, again including only sports-related costs. Costs per athlete is on average USD 0.6 million for the Summer Games and USD 1.3 million for the Winter Games. For London 2012, cost per athlete was USD 1.4 million; for Sochi 2014, USD 7.9 million.

Budget overruns are common for the Games. Average overrun for Games since 1960 is 156% in real terms, which means that actual costs turned out to be on average 2.56 times higher than the budget that was estimated at the time of winning the bid to host the Games. Montreal 1976 had the highest cost overrun for Summer Games, and for any Games, at 720%; Lake Placid 1980 had the highest cost overrun for Winter Games, at 324%. London 2012 had a cost overrun of 76%, Sochi 2014 of 289%.

The table below is listing the not so hard costs of the Games. Due to the multitude of reporting methods, the table contains both the operating costs and total final costs (which include various infrastructure upgrades and security costs), known and not estimated. Net loss or gain are measured against the operating budgets. Intangible costs (such as to the environment and society) and not so total benefits (through tourism) are not included here.

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