• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Finance

The top 5 most expensive hurricanes in U.S. history

By
Laura Lorenzetti
Laura Lorenzetti
Down Arrow Button Icon
By
Laura Lorenzetti
Laura Lorenzetti
Down Arrow Button Icon
October 1, 2015, 1:15 PM ET
Joaquin Upgraded To Category 1 Hurricane
IN SPACE - SEPTEMBER 30: In this handout from the National Oceanic and Atmospheric Administration (NOAA), Hurricane Joaquin is seen chruning in the Caribbean September 30, 2015. Joaquin was upgraded to a category 1 hurricane early on September 30. The exact track has yet to be determined, but there is a possibity of landfall in the U.S. anywhere from North Carolina to the Northeast. (Photo by NOAA via Getty Images)Handout by Getty Images

Hurricane season has been relatively quiet this year as the first storm of the season, Hurricane Joaquin, is poised to hit the Bahamas before possibly making landfall in the United States.

The U.S. may have lucked out this year, especially when looking back at what some of the worst hurricanes have ended up costing.

All told, the five worst hurricanes have racked up a total price tag of $250 billion, according to data from the National Oceanic and Atmospheric Administration. Here are the five most expensive hurricanes and what they cost.

No. 5: Hurricane Wilma (2005)

Total damage: $21 billion

Hurricane Wilma was overshadowed by a much larger and far more expensive hurricane during 2005 (see below). However, the storm caused the largest disruption to electrical service ever in Florida after it hit the southern portion of the state.

No. 4: Hurricane Andrew (1992)

Total damage: $26.5 billion

Hurricane Andrew’s huge winds, estimated at Category 5 strength, wreaked havoc once the storm hit land in southeast Florida before it went on to hit south-central Louisiana. Most of the costly damage was in Dade County, Fla., wrecking about 125,000 homes.

No. 3: Hurricane Ike (2008)

Total damage: $29.5 billion

Hurricane Ike was massive, though one of the weaker hurricanes at only a Category 2 level. The wide reach of the hurricane is what led to large storm surges along the Texas and Louisiana coastlines, along with substantial wind damage inland from Arkansas to Tennessee, and all the way into Michigan.

No. 2: Hurricane Sandy (2012)

Total damage: $65 billion (preliminary)

Hurricane Sandy was another huge hurricane with winds that swept damage over wide areas, from coastal New Jersey up through New York. About 8.5 million people lost power, some for weeks, and nearly 650,000 homes were damaged or destroyed.

No. 1: Hurricane Katrina (2005)

Total damage: $108 billion

Hurricane Katrina is the most expensive natural disaster in U.S. history. Most of the damage fell along the Gulf Coast, hitting Mississippi, Alabama, and southeast Louisiana. The destruction was monumental after the levees broke in New Orleans and flooded 80% of the city. The damage continued inland, as well, as high-powered winds swept through the southeast and midwest.

About the Author
By Laura Lorenzetti
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

InvestingDebt
300 years of wars show they are ‘always disaster times’ for holders of government debt because of inflation and financial repression
By Jason MaMarch 20, 2026
2 minutes ago
Jerome Powell, wearing a suit, looks ahead with his brow furrowed.
EconomyEconomics
Economists agree: You’re not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the ‘K-shaped economy’
By Sasha Rogelberg, Eva Roytburg and Nick LichtenbergMarch 20, 2026
31 minutes ago
A man holds a poster upside down that depicts Donald Trump as the devil.
Middle EastIran
Iran threatens to attack tourist sites across the world as Israel and U.S. kill top leaders
By Jon Gambrell, Sam Mednick, David Rising and The Associated PressMarch 20, 2026
1 hour ago
Trump standing waving hi at a crowd
AIDonald Trump
The White House has a plan for AI regulation, and it starts with keeping states out of it
By The Associated Press and Seung Min KimMarch 20, 2026
2 hours ago
london
Commentaryinvestment banking
The 19th century banking problem that AI hasn’t solved yet
By Silvio Savarese and Sabastian NilesMarch 20, 2026
3 hours ago
Personal Financegold prices
Current price of gold as of March 20, 2026
By Danny BakstMarch 20, 2026
3 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.