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Early estimates of Ian's cost ranged $42 billion to $258 billion, [165] with Ian being by far the most costly climate-related event of 2022. [166] Shown: Christian Aid estimates of ten most costly of such 2022 disasters. Preliminary estimates of damages from Hurricane Ian are wide-ranging.
This page lists the estimated economic costs of relatively recent disasters. ... Hurricane Ian: $112 [13] $120.3 161 Tropical cyclone 2022 North America (, , , others)
The estimated cost of the damage to Hurricane Ian is expected to reach into the tens of billions of dollars, and Florida's already stressed insurance industry will bear the costs.
Ian wrought little structural impacts in Indian River County, although a loss of up to 100,000 cu yd (76,000 m 3) of sand was reported, with a replacement expected to cost nearly $4 million. In Osceola County , severe flooding affected or damaged some 900 businesses and 3,200 dwellings, leading to around $148 million in private property damages.
Hurricane Ian underscores the vulnerability of the nation's barrier islands and the increasing costs of people living on the thin strips of land that parallel the coast.
A $60 billion loss would be similar to losses from Hurricane Ian, which hit Florida in 2022, the RBC analysts said on Wednesday, adding that this estimate for Milton should be "very manageable ...
In 2018, Roger A. Pielke Jr. and Christopher Landsea published a peer-reviewed study in the scientific journal Nature Sustainability, which gave an estimate of the direct economic losses in the continental United States from 1900 to 2017 from each hurricane if that same event was to occur under contemporary (2017) societal conditions. [8]
The infamous 2005 hurricane season is the second costliest on record on the normalized list, with total damages estimated at $215 billion after seven hurricanes made landfall in the U.S ...