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Using wholesale electricity prices for 2008 to 2009, and the current 0.5% efficiency of power beaming, a space elevator would require US$220/kg just in electrical costs. Dr. Edwards expects technical advances to increase the efficiency to 2%.or a space elevator, the cost varies according to the design. Bradley C. Edwards received funding from NIAC from 2001 to 2003 to write a paper, describing a space elevator design.
In fact, having an elevator installed in your home will cost you about the same as a new car. Just like you can buy a Mercedes or a Honda, some home elevators are more expensive than others. On average, a basic home elevator will run you anywhere from $15,000 to $30,000. If you were to buy a Mercedes with optional features like navigation, you will have to shell out some more cash. That goes for home elevators too, larger elevators with added features can reach prices of $100,000.