Lessons From Sochi: How South Korea Managed To Keep Its Olympics Costs So Low August Rick Forbes, Feb 14, 2018 The 2014 Sochi Winter Olympics were the most expensive in history, costing an estimated $50 billion. This time around, South Korea has managed to keep the price down to $12.9 billion, which still overshot the budget proposed in their bid. Even so, how did South Korea'..