When Tokyo won the bid for the 2020 Summer Olympics back in 2013, the estimated cost to host was $7.5 billion. With the games now underway, Tokyo has far surpassed that number. It is estimated that costs have exceeded $25 billion.1 This makes the 2020 Tokyo Olympics the most expensive in recorded history.1 It’s important to note that a sizeable amount of these overages, around $3 billion, is due to delays caused by the coronavirus.2 Cities bid for the opportunity to host the Olympic Games, despite the billions of dollars it costs to pull off. Why? Here are some estimated costs of hosting the Olympic Games and a few reasons why host cities find it worth the price tag.