Large data centers typically cost $10 million to $25 million annually to operate, while mid-sized facilities range from $200,000 to $500,000 per year. The first cost any new data center ever incurs is the initial infrastructure and construction costs for physical facility. Data center construction costs can range from $10 million to over $100 million, depending on. Data center demand is heightened as AI, cloud storage, and an increasingly digitalized world outpace the available market capacity—and undersupply conditions are a norm in the industry. Most facilities run between $625 and $1,135 per square foot, or about $7 million to $12 million per megawatt of IT capacity. This investment is primarily driven by critical components such as electrical systems, HVAC, and land prices. Additionally, the average expenditure per megawatt of power.
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