The Advocate’s recent article on the old Mississippi River bridge at Baton Rouge has an all-too-common mistake in making a misleading comparison of costs.
It says the renovations will cost roughly $100 million, and this is more than 10 times the original price tag.
Such comparisons should take inflation into account, however. The $10 million that it cost to complete the bridge in 1940 is the equivalent of $161.5 million as of 2012.
So a true comparison is that the renovations are costing only about 62 percent of the original price. The renovations are probably even a smaller percentage of state highway budgets than the original bridge cost.
Henry S. Bradsher