Back in 2010 I wrote about pricing out a traffic study so developers could check the reasonableness of quotes they’re getting from their engineer. I updated the pricing in 2012 and we’re due for another update.
Here’s an updated pricing matrix based on current trends I’m seeing in the Midwest –
2014 Unit Prices for Costing a Traffic Study
| Task | Unit Price | |
| Data Collection (per intersection) | ||
| 13 Hour Counts (w/ stop signs) | $575 | |
| 13 Hour Hour Counts (w/ signals) | $750 | |
| PM Peak Hour Counts Only (w/ stop signs) | $250 | |
| PM Peak Hour Counts Only (w/ signals) | $400 | |
| Analysis | ||
| Study Intersections in the PM Peak Hour – per intersection | $450 | |
| If Second Study Peak Hour (such as AM) – per intersection | $200 | |
| Land Uses – per land use | $550 | |
| Forecast Years – per future scenario | $550 | |
| Document Preparation (produce one or the other) | ||
| Memorandum: Fee = 15% of data + analysis total cost | ||
| Full Report: Fee = 30% of data + analysis total cost | ||
| Meetings | ||
| Daytime | $350 | |
| Nighttime | $700 | |
| TOTAL FEE = Sum of Each Line Item (Quantity x Unit Price) | ||
