In 1626, St. Peter's cost $33 Billion. What would it cost now?

Summary by Krater

This video calculates the historical construction cost of St. Peter's Basilica in Vatican City, estimating it at 46,800,498 ducati or $32.76 billion, and compares it with the estimated cost of building an exact replica today using modern construction methods.

From the video

Answers: How much did St. Peter's Basilica cost to build and how much would a replica cost today?

• Historical construction costs
• St. Peter's Basilica
• Vatican City architecture
• Papal finances
• Renaissance architecture
• Travertine quarries
• Gold ducats and scudi
• Modern construction cost estimation
• Taj Mahal construction costs

What it concludes

• Carlo Fontana estimated that St. Peter's Basilica cost 46,800,498 scudi to build.
• Based on historical wages, the historical construction cost of St. Peter's Basilica is equivalent to about $32.76 billion today.
• A modern construction estimate by an engineer places the cost of a St. Peter's replica at $11.6 billion taking 27 years.
• A second anonymous estimator calculated the basic construction costs of a St. Peter's replica at $891 million, with a total cost around $1.5 billion.