The Indicator from Planet Money · Tuesday, June 30, 2026
The ongoing war with Iran has incurred significant costs for the United States, estimated at least $132 billion this year. This figure accounts for military spending and economic consequences like increased gasoline prices, and has also resulted in the deaths of 13 US service members and over 3,400 Iranians.
“According to Moody's, this year's war with Iran has cost the US at least $132 billion.”
“That's about $490 for every adult in America.”
“That's counting the military spending plus broader economic fallout like the spikes in gasoline prices.”
“It's also resulted in the deaths of 13 US service members, more than 3,400 Iranians, and dozens elsewhere in the Middle East.”