The study's numbers are far more connected to reality than your made up numbers. You are making an isolated demand for rigor.[1]
1. https://slatestarcodex.com/2014/08/14/beware-isolated-demand...
Your study has a clear systematic bias (edit: Actually it doesn't even say what you claimed it did, but if it did it would have a clear systematic bias), that most costs scale with population density, and it was done studying an area (the US) with a much lower population density than the area at hand (manhattan). Assuming your study is entirely correct, its answer is incorrect when applied to the problem at hand. You would have to be an idiot to rely on it because the only way it is "right" is by being incorrect by the right amount in the right direction by sheer chance.
Likewise, if you tried to apply a study about public transportation done in the middle of the Sahara Desert to San Francisco, I would call you an idiot.
So while I assume that it's a perfectly valid study it really doesn't apply.