What is the cost of one traffic light?

The cost of one traffic light can vary widely based on factors such as location, design, and technology. Generally, a standard traffic light can range from $5,000 to $15,000, while more advanced systems with features like LED lights and integrated sensors may cost significantly more. Installation costs can add an additional $10,000 to $30,000, depending on the complexity of the setup and local labor rates. Overall, the total expense for a traffic light system can exceed $50,000 in certain cases.