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Estimates of the economic damage vary. Moody’s initially put the price tag as high as $34 billion. Others, which take into account lost economic output, say the toll could top $100 billion .
As of February 12, 2025, 310 miles of the parkway had reopened. The estimated repair cost was between $1 and $2 billion, and some work was expected to take two to three years. [96] The estimated cost to repair all damaged roads in Western North Carolina was $5 billion, $500 million of that for U.S. Route 19W [97] and $1 billion for I-40. [98]
Together, Helene and Milton could cost the National Flood Insurance Program more than $5 billion, Moody's estimated, while Gallagher Re estimated the total costs of the two storms at more than ...
NCDOT contractors work to repair and replace a 14-mile stretch of U.S. 19W along the Cane River in Yancey County after the remnants of Hurricane Helene caused an estimated $1 billion in damage to ...
The number of $1 billion Atlantic hurricanes almost doubled from the 1980s to the 2010s, and inflation-adjusted costs have increased more than elevenfold. [1] The increases have been attributed to climate change, more people moving to coastal areas, [1] and the dramatic increase in construction costs since 1980. [2] [3] [4] [5]
Hurricane Helene (/ h ɛ ˈ l iː n / ⓘ heh-LEEN) [1] was a deadly and devastating tropical cyclone that caused widespread catastrophic damage and numerous fatalities across the Southeastern United States in late September 2024.
Helene is only the latest, and the cost of its damage is estimated at between $15 billion and $100 billion. ... To contribute to its efforts, visit its Hurricane Helene relief donation page here.
Even as Florida braces for another major hurricane, new estimates reveal Hurricane Helene caused up to $47.5 billion in losses for property owners.