Iran War costs hit $37.5 billion. How it compares with past American wars
Hegseth sought billions more to fund operations as consumer gas prices rose and the Pentagon said the war cost includes military spending only.
- On July 21, Defense Secretary Pete Hegseth requested an emergency supplemental package from the Senate Appropriations Committee, including $67 billion for the Department of Defense; the House approved a $95 billion package the following day.
- The war with Iran has cost an estimated $37.5 billion in its fifth month, up from around $29 billion in early May, reflecting military operations only and excluding veterans' benefits or debt interest.
- Spending on the Iran War nearly matches the average annual cost of the Afghanistan War, which spanned 20 years at $52.4 billion yearly; the Iraq War cost more than $1 trillion in today's dollars.
- Aside from military expenditures, the war's economic impact is evident at the gas pump, where prices soared to $5.69 for diesel and $4.56 for regular gas; Americans spent an estimated $1.7 billion daily at the May peak.
- While the House has passed its supplemental budget, the Senate must still approve the spending to continue operations, with the package also including millions for farmers impacted by tariffs.
32 Articles
32 Articles
After five months of war, groceries are unaffordable for many Iranians, according to an analysis of grocery lists and stories from residents. Eggs, cheap rice, and chicken have become five times more expensive. ‘It is insane.’
The Iran war devours billions. But the officially mentioned costs could only be the tip of the iceberg. Experts expect a significantly higher bill in the end.
Five months on: The mounting economic cost of the US-Iran war
Five months after United States President Donald Trump launched military operations against Iran, what was initially presented as a short and decisive campaign has evolved into a prolonged and increasingly expensive conflict. Beyond its military and geopolitical consequences, the war has placed a substantial financial burden on the American economy, raising serious questions about the long-term sustainability of the campaign and its broader impa…
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