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List of disasters by cost Cost ($ billion) Fatalities Event Type Year Nation(s) Actual Inflated to 2023 (unless otherwise stated) $700 [3] $888.7 30–500: Chernobyl disaster: Contamination (Radioactive) 1986 Soviet Union (, , ) $360 [6] [7] [5] $487.6 19,759 2011 Tōhoku earthquake and tsunami + Fukushima nuclear disaster
Year Disaster Death toll Damage cost US$ Main article Location Notes 2024 Hurricane: 35 $85 billion Hurricane Milton: Florida, Georgia: Strongest Hurricane in Gulf of Mexico since 2005 2024 Hurricane: 199–241 $120 billion Hurricane Helene: Florida, Georgia, South Carolina, North Carolina, Tennessee, Virginia, Ohio
Historic cost (year) 2011 Tōhoku earthquake and tsunami: Japan: 9.1 [1] $487.6 billion (2024) ... List of natural disasters by cost; List of disasters by cost; Notes
2016 natural disasters in the United States (2 C, 15 P) 2017 natural disasters in the United States (4 C, 19 P) 2018 natural disasters in the United States (1 C, 21 P)
The cost of these events reached $552 million. [31] 12 April 2016 San Antonio, Texas, US A storm producing hail up to the size of grapefruits pummeled the city causing extensive damage to cars, homes, windows, and roofs. It is estimated that the storm cost 1.4 billion dollars in losses (the costliest in the state's history). [32] 8 May 2017
The following is a list of the costliest tornadoes in the Americas including Canada and the United States. It includes all tornadoes that, when damage totals are adjusted for inflation, have cost at least $100 million in damages (in 2024 dollars).
From 2013 to 2023, U.S. insurance companies paid $655.7 billion in natural disaster claims with the $295.8 billion paid from 2020 to 2022 setting a record for a three-year period, [9] and after only the Philippines, the United States lost the largest share of its gross domestic product in 2022 of any country due to natural disasters while ...
A natural disaster can cause loss of life or damage property. It typically causes economic damage. How bad the damage is depends on how well people are prepared for disasters and how strong the buildings, roads, and other structures are. [2] Scholars have been saying that the term natural disaster is unsuitable and should be abandoned. [3]