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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.
On average, a two-stop elevator in an existing home should cost between $42,000 and $50,000, while a three-stop unit costs $56,000 to $60,000. 2014 article in San Antonio Express-News estimates the cost of a simple two-story elevator in new construction starting at $20,000, with each additional stop or floor adding $1,500 to $2,000 to the base price.