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‘It’s fair to ask whether it was worth it’: The Iran War has cost Americans $1,000 per household—and that’s a conservative estimate, Mark Zandi says

Summary by Fortune
Gas, groceries, taxes, and interest rates are all pricier thanks to the war—and Moody's economist Mark Zandi says his estimate is conservative.

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The Iran war has cost the Americans a thousand dollars per home, said Mark Zandi, chief economist at Moody's Analytics, and sustains it because that's what they're paying for the rise in fuel prices, food and other basic products and services since Donald Trump and Benjamin Netanyahu attacked the Persian nation on February 28. And the specialist considers that estimate to be "conservative." Even if the U.S. president denies or underestimates it,…

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Fortune broke the news in New York, United States on Wednesday, July 1, 2026.
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