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Iran War could cost $2 billion per month, Congressional Budget Office estimates

Iran War could cost $2 billion per month, Congressional Budget Office estimates

Summary

The Congressional Budget Office estimates the war with Iran has already cost the U.S. about $38 billion and could continue to cost $2 billion to $3 billion per month. Most of these costs come from replacing missiles and other military equipment used in the conflict.

Key Facts

  • The U.S. war with Iran has cost approximately $38 billion from February 28 to August 1.
  • The main cost driver is replacing missiles used both for attacks and for defense.
  • The U.S. used many interceptor missiles, which protect against incoming attacks, reducing the stockpile for future conflicts.
  • It will cost an estimated $21.7 billion to replace missiles used so far, including $7.3 billion for cruise missiles and $13.1 billion for missile interceptors.
  • Other equipment lost, such as a radar system costing around $500 million, adds about $1.9 billion to replacement costs.
  • The Pentagon and President Trump have said ammunition supplies are sufficient despite these estimates.
  • The monthly cost could rise if fighting intensifies, as seen in July when the cost was around $3 billion.
  • Congress is considering new funding requests, including $73 billion proposed by Republicans to support the war effort.
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