Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says

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1. 2h ago

   Iran war costs hit $38 billion with monthly spending forecast to rise

   The Congressional Budget Office reports the war against Iran has cost the U.S. $38 billion, averaging $246 million per day over the first five months. Expenses are forecast to increase by $3 billion monthly. These costs primarily stem from replacing battle-lost equipment and munitions. A Pentagon watchdog review reveals Iranian missile and drone strikes have damaged hundreds of structures at U.S. bases and destroyed dozens of aircraft. The CBO warns the conflict is depleting missile stockpiles and driving up inflation for Americans.

   Why it matters

   This financial and material toll reflects the scale of Iranian kinetic strikes on U.S. positions. The depletion of missile reserves affects overall U.S. defense posture. Economic impacts are extending beyond the military budget into domestic inflation.

   What is confirmed

   • The war against Iran has cost the U.S. $38 billion.
   • Spending is forecast to rise by $3 billion per month.
   • The conflict cost an average of $246 million per day during its first five months.
   • Iranian strikes damaged hundreds of structures at U.S. bases.
   • The war has significantly depleted U.S. missile stockpiles.
   • Dozens of aircraft were lost to Iranian attacks.
   • CBO estimates largely cover replacing munitions and equipment but exclude costs for killed or injured personnel.

   What to watch next

   • CBO updates on long-term economic effects and personnel costs
   • Pentagon reports on the timeline for replenishing depleted missile stockpiles
   Sources used for this update (12)

   1. CNN — Missile shortages, damage to US facilities: Pentagon watchdog issues first review of Iran war
   2. Al Jazeera — Dozens of aircraft, hundreds of buildings: US loss to Iran attacks revealed
   3. The Washington Post — Iranian strikes have damaged hundreds of structures at U.S. bases, watchdog says
   4. NBC News — Iran war driving up inflation for Americans, CBO report says
   5. Reuters — Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says
   6. CNBC — Iran war has cost on average $246 million per day in its first five months, CBO finds
   7. CBS News — New photos show widespread damage at U.S. positions caused by Iranian missile, drone attacks
   8. Congressional Budget Office (.gov) — Estimating the Cost of Combat Operations Against Iran
   9. The Guardian — Iran war cost US $38bn and significantly depleted missile stockpile, report finds
   10. Honolulu Star-Advertiser — Iran war cost reaches $38 billion, CBO says
   11. www.tbsnews.net — Iran war cost hits $38b, forecast to rise $3b a month: CBO
   12. www.pbs.org — Iran war has cost the U.S. more than $38 billion so far, budget office says
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