Cheapest city with moderately decent public transit is probably Washington DC. With an average home price comparable to the one I live in without public transit of about $600,000 more than my current home. Even if I didn’t own my truck outright (8 years old, 58k miles) and the price of gasoline doubled, my payback period for 100% free public transit is greater than infinity with a 5% cost of money calculated in.
It’s a bit like solar. I’ve run the numbers, and had others run the numbers, and the conclusion is that it would require replacing solar panels twice before I made back my investment, even with a 0% loan for the panels and install.
I’d love to be part of it. I’d love to have European-style public transit. Even in the few places where viable public transit exists in the US, it’s not affordable to move to those places. shrug
$1M a shot seems like a lot until you look at what goes into each one, how much development costs, and the environment it is designed for. You don’t need corruption to make these expensive. Also, the are based on 30 year old technology. Rather than being cheaper than new, they tend to be more expensive due to requiring miniature mechanisms which were cutting edge in 199x. And there are no other uses for them in their hardened configuration so you don’t get economy of scale of something like a commercial ship or board. Plus there’s a lot of paperwork and you can’t sell a single piece unless the government approves it. This is so far from a consumer item there isn’t even a way to compare costs.
FWIW, corruption would cost roughly the same price but you’d receive a missile with shoddy components and forged paperwork. Just look at Russia’s army to see the difference in munition reliability.