what is the cost to host the olympics
Cost of the Olympic Games Sports-related costs for the Summer Games since 1960 is on average USD 5.2 billion and for the Winter Games USD 3.1 billion dollars. Severe cost overruns made the 2014 Winter Olympics the most expensive Olympics in history; with Russian politician Boris Nemtsov citing allegations of corruption among government officials,[1] and Allison Stewart of the Saïd Business School at Oxford citing tight relationships between the government and construction firms.[2] While originally budgeted at US$12 billion, the budget expanded to US$51 billion, surpassing the estimated $44 billion cost of the 2008 Summer Olympics in Beijing, making Sochi the most expensive Olympics in history.
Greece at the Olympics Greece has hosted the Summer Olympic Games on two occasions, the inaugural modern Olympics in 1896 and again in 2004. Both were held in Athens, which along with Paris and Los Angeles are the cities that have hosted the Olympic Games twice, with London being the only city to have hosted them three times. The Greek capital also hosted the 1906 Intercalated Games, which at the time were considered to be Olympic Games by the International Olympic Committee.[1]