The Authority has estimated the project 's year-of-expenditure cost at $ 68.4 billion ( 2012 estimate ) .. In March 2018 , the Authority revised its estimate to $ 77.3 billion and up to $ 98.1 billion , and pushed initial service to 2029 , with L.A. to S.F . service in 2033.The Reason Foundation 's Due Diligence Report ( 2008 ) projected that the final cost for the complete system ( including both Phases I , II and an additional East Bay phase ) would be $ 65.2 to $ 81.4 billion ( 2008 ) .
The revised estimate coast of the California High-Speed Rail was over $ 77 billion and its initial service pushed to 2029 .