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Those Northern Ireland ministers are a talkative bunch, to say the least! After recently being quoted discussing the boost the Game of Thrones production can provide to the local economy, the minister Nelson McCausland offers this tidbit:
“...it is expected that each series [British term used for season] will be one year in production, with an overall budget for each series of around £30m.”
That’s about $45 million U.S., or roughly $4.5 million an episode. This is slightly less than the $5 million per episode rumored for Deadwood, and significantly less than the $9 million or so per episode of Rome in the first season (but it was a significant outlier as one of the most expensive television programs, filming in one of the most expensive locations in the world). However, it’s also significantly higher than the budget of many hour-long dramas on network television, and seems to make it more expensive than Showtime’s The Tudors. It should be remembered, however, that certain significant tax breaks, matching funds, and other support were offered to the production if they based themselves in Belfast.
A 1:1 comparison may not work very well, in that light, since the $4.5 million an episode in Belfast may easily equal $5 million or more spent in the U.S. Given that still image, and given the highly talented crew (especially in terms of visual effects), I suspect this is more than sufficient to set some jaw droppings when the show airs.