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by rayiner 3252 days ago
Probably similar: https://www.minnpost.com/mnopedia/2017/02/power-farmer-minne.... The article quotes $600 per mile in 1939. That's $10,500 per mile adjusted for inflation, but the inflation metric isn't a good one here. Inflation is calculated using consumer prices. The inputs for electric (or telecom) infrastructure are mainly labor and materials, which are relatively more expensive than they were back in 1940. For example, if you scale $600 by the change in minimum wage over that time, you get $20,500, about what's quoted.
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It is my understanding that the REA charged a flat fee per home and ate the cost to the extent it exceeded the fee. They also setup generating stations and gave loans to power companies (and later rural telephone companies).

A lot of that assistance isn't available anymore.