The study, conducted by the British financial website Money.co.uk, used SpaceX's rocket launch valuation to estimate the cost of bringing materials, tools and labor to the moon to start construction.
The study also takes into account the cost of new technology that lunar architecture needs to support life and other factors.
These include the ability to withstand low-gravity conditions, closed buffer loops, and ards against ice.
The research authors also considered factors marking traditional real estate, set at more than 27%, to make a total estimate.
The price of land for living on the moon is calculated based on the Moon Registration Agency, a branch of the Moon Association that supports the sale of land on the moon.
Although the construction cost is the cost of astronomy, lunar land is very cheap. Depending on location, land prices on the moon range from under 20 USD to about 130 USD/4,000m2.
However, the 1967 Outer Space Treaty prohibits member states from declaring sovereignty outside the universe, so it is not yet clear how the ownership of lunar real estate will operate.
Other additional costs include electricity, food and water.
A 34-plate solar device will cost around $23,000, while a more luxurious nuclear reactor will cost more than $1 billion.
According to Ricard Dinan - CEO of pulsar Fusion - a company that manufactures components of the nuclear reactor, a single nuclear reactor on the moon, with fuel from abundant helium-3 reserves, will help the moon to energy at low cost.
Research authors estimate that once the first home is completed, with tools and workers ready, the next homes on the moon will cost less, about $51 million each.
Houses on the moon will also be equipped to grow food and recycle water on the spot to save transportation costs.
Therefore, it can be imagined that when lunar infrastructure is built, costs will decrease further.
