The estimated cost of the proposed 2034 Winter Olympics in Salt Lake City, including $2.82 billion slated for operational costs. By comparison, Russia spent a reported $51 billion on the 2014 Olympics in Sochi and South Korea spent $12.9 billion for the 2018 Games in Pyeongchang. It is expected that the International Olympics Committee will officially announce Salt Lake City as the host for 2034 at a meeting on July 24.