CONSTRUCTION COSTS

$6,000,000 - Authorized by Congress 

Part of House of Representatives bill 23311, Naval appropriations for hull and machinery (includes $6 million for NEW YORK - BB34). The cost of the armor and armament is a separate part of the bill.  Armor at $11,565,132 is authorized for the US Navy but the amount allocated to each ship is not specified. Armament amount was not specified.  

Contract Price vs Total Cost

CONTRACT PRICE (hull and machinery) TOTAL COST - a Hull and machinery including armor Equipage including armament

TEXAS

$5,830,000

  $10,971,524.93 $9,373,440.38 $1,598,084.55
NEW YORK unavailable   $11,323,130.63 $9,692,581.97 $1,684,632.10
a -  "Navy Yearbook 1917 - 1918".
 

COST BREAKOUT

Separated armor and armament but the numbers are not exact because armor quantities vary and the armament costs for torpedoes is not known

Newport News Shipyard Armor Drawing 1917-18 Navy Yearbook Friedman "Battleship"

Class A armor - a

$2,772,541 

$2,898,757

$3,038,668 

Hull & Machinery - b

$6,623,352

$6,474,683

$6,334,772

Armament - c

$1,273,150

$1,273,150

$1,273,150

Equipage

$325,066

$325,066

$325,066

a - Armor cost details click here  
b - Authorized amount $6million;  contracted amount $5.83 million
c - see below
 
Total Size Mark/Mod Mount  Gun + Mount
$1,112,080 14"/45cal a $62,208 Mark1/Mod 1 $50,000 Mark 1 $112,208
$161,070 5"/51cal  $7,670 b
Unknown Torpedo
a - "Navy Yearbook 1910" 
b - "Gray Steel and Blue Water Navy" (1916):  I used an average to the two sources, $5,840 (Naval Gun Factory)  and $9,500 (lowest private bid) because the source for BB35 gun is unknown 

 

Was there a cost overrun?

Hull and Machinery cost overrun of at least  $500,000 (highest armor price) to $800,000 minimum armor
Final Cost:  Not enough information to know