U.S.-Iran war costs reach $29 billion

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U.S.-Iran war costs reach $29 billion
United StatesIranIranian Government

The war in Iran has cost the United States $29 billion so far, an increase of $4 billion from an estimate provided late last month. Democrats are highlighting the war as a factor in rising cost of living issues, particularly as the midterm elections approach.

bookmark A view of the Qatari Al-Araby TV and business building damaged by a strike, as the U.S.-Israeli conflict with Iran continues, in Tehran, Iran , March 29, 2026.

Majid Asgaripour/WANA via REUTERS/File Photo WASHINGTON, May 12 - ⁠The United States' war in Iran has ⁠cost $29 billion so far, a senior Pentagon ‌official said on Tuesday, an increase of $4 billion from an estimate provided late last month. With just six months before midterm ​elections in which President Donald Trump's ⁠Republicans may face ⁠an uphill battle to keep their House majority, Democrats ⁠are ‌riding high in public opinion polls as they attempt to link the war ⁠with cost of living issues.

Jules Hurst, ​who is performing the duties of the comptroller, told lawmakers on Tuesday that the new cost included ⁠updated repair and replacement of ​equipment and operational costs.

"The joint staff team and the comptroller team are constantly looking at that estimate," ⁠Hurst said. He was speaking alongside Defense Secretary Pete Hegseth and Chairman of Joint Chiefs of Staff, General Dan Caine. It is unclear how the Pentagon ​arrived at the $29 billion figure. ⁠A source told Reuters in March that Trump's ​administration estimated the first six ‌days of the war had ​cost at least $11.3 billion. Follow us on our official

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