Politics

Economic Costs of the Most Expensive Hurricanes
With Hurricane Sandy bearing down on the Atlantic coast, here are the costliest hurricanes to hit the U.S. since 1980. Costs for hurricanes prior to 2011 are adjusted for inflation. (Source: NOAA data)

Hurricane Ike

Forecasts currently have Hurricane Sandy making landfall between North Carolina and Long Island, N.Y., and Jim Cisco of the NOAA said the storm could cause up to $1 billion in damages.  Here are the most destructive and costly hurricanes from the last 32 years.

Photo Source: Reuters

Hurricane Katrina

KATRINA

With a cost of $145 billion, Hurricane Katrina is by far the most expensive hurricane since 1980. Katrina caused severe damage in Louisiana and surrounding states when it tore through the area in 2005.

Photo Source: Reuters

Hurricane Andrew

ANDREW

Hurricane Andrew was a Category 5 storm that had a devastating impact on Florida in 1992. Andrew caused dozens of deaths and $43.5 billion in damages.

Photo Source: Reuters

Hurricane Ike

IKE

Like Katrina, Hurricane Ike traveled through the Gulf of Mexico. Ike made landfall on the Texas coastline in 2008 and cost $28.4 billion.

Photo Source: Reuters

Hurricane Wilma

WILMA

Hurricane Wilma went east over South Florida in October 2005, causing $18.6 billion in damages.

Photo Source: Reuters

Hurricane Rita

RITA

A month before Wilma, Hurricane Rita traveled west between Florida and Cuba before making landfall near the border of Louisiana and Texas. Rita was responsible for $18.6 billion in damages.

Photo Source: Reuters

Hurricane Charley

CHARLEY

Hurricane Charley cut through the Florida Keys just 22 hours after Tropical Storm Bonnie hit northwest Florida in August 2004. The Category 3 storm cost $17.9 billion.

Photo Source: Reuters

Hurricane Ivan

IVAN

Hurricane Ivan hit the Alabama shore in September 2004 before moving northeast, then making a loop back toward Florida. Ivan regained strength after re-entering the Gulf of Mexico and made landfall in Louisiana as a tropical depression. The storm’s total damages were tallied at $16.7 billion.

Photo Source: Reuters

Hurricane Hugo

HUGO

Hurricane Hugo, the oldest storm on this list, was a Category 4 storm when it made landfall in South Carolina in September 1989. It cost $12.9 billion.

Photo Source: Reuters

Hurricane Frances

FRANCES

In 2004, Hurricane Frances hit the east coast of Florida as a Category 2 storm and cost $10.7 billion.

Photo Source: Reuters

Hurricane Jeane

JEANNE

Hurricane Jeanne made landfall in nearly the same spot as Frances a mere three weeks earlier. Jeanne, a Category 3 storm, caused $8.3 billion in damages.

Photo Source: Reuters

Economic Costs of the Most Expensive Hurricanes

With Hurricane Sandy bearing down on the Atlantic coast, here are the costliest hurricanes to hit the U.S. since 1980. Costs for hurricanes prior to 2011 are adjusted for inflation. (Source: NOAA data)

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