$

U.S. Weather Disaster Costs

Analyzing the financial impact of billion-dollar events.

$182.7B

TOTAL COST (2024)

27

BILLION-DOLLAR EVENTS

4th

COSTLIEST YEAR ON RECORD

Annual Financial Losses by Event Type

$124.0B

Tropical Cyclone

$46.8B

Severe Storm

$5.4B

Drought

$3.6B

Winter Storm

$1.8B

Wildfire

$1.1B

Flooding

Percentage of Total Cost

Tropical Cyclone 67.8%
Severe Storm 25.6%
Drought 2.9%
Winter Storm 1.9%
Wildfire 0.98%
Flooding 0.6%

Data Source: NOAA National Centers for Environmental Information (NCEI) Billion-Dollar Weather and Climate Disasters (2024 final estimates, CPI-adjusted).