Iran War Cost Tracker
Archive · Feb 28 – Jun 16, 2026

The real-time log

The timeline, casualty incidents and the Lebanon front, recorded day by day while the air war was underway. Cost figures here are as they stood at the time.

This counter has been retired

While the air war was underway, this page ran a live counter: the Pentagon's $11.3B for the first six days, then $1 billion a day, a preliminary rate relayed by congressional officials in early March. It stopped at $113.3B on June 16.

Official accounting has since come in far lower: $33.4B through June 29 (DoD Inspector General), $38.1B through August 1 (CBO) and $43.6B through September 3 (Pentagon). The cost figures below are kept as they were recorded at the time; for the current estimate and what it leaves out, see the homepage.

→ Current estimate, restated Oct 13  ·  Revision note

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How much has this cost Americans at the pump?

This is a separate bill from the military cost: what consumers paid above a no-war price path.

Researchers at Brown University's Climate Solutions Lab are tracking the total consumer burden — gasoline and diesel — with a state-by-state breakdown and per-household estimates versus a no-war price trajectory.

Extra consumer spending on gasoline $55.0B
Extra consumer spending on diesel $45.9B
Total consumer burden since war start $100.9B

Figures as of Sep 7, 2026 (about $770 per household; the live tracker is higher). See live totals, a state-by-state map, and per-household estimates →

→ See the Iran War Energy Cost Tracker ↗

Independent research · Watson Institute, Brown University

The human cost
U.S. Service Members
—
killed
—
wounded
Iranian Military
—
killed
HRANA verified minimum
Iranian Civilians
—
killed
—
wounded
Connected conflict: Lebanon
Since Mar 2 Separate from Iran cost counter
—
Killed
—
Wounded
—
Displaced
Pain at the pump
National Average Gas Price
$4.41

per gallon (regular) — up $1.45 since the conflict began

Pre-conflict (Feb 26) $2.96
National avg (Oct 1, 2026) $4.41
Increase +$1.45 (+49.0%)

In the first week of March the national average jumped nearly 27 cents, AAA's fastest weekly increase since Russia's invasion of Ukraine, as the war closed the Strait of Hormuz, through which 20% of the world's daily oil moves. Prices stayed high: September 2026 averaged $4.33, a record for the month.

Source: AAA Gas Prices · AAA Newsroom, Mar 2026 · AAA, Oct 1 2026

Munitions & missile defense
Missile defense: the biggest single cost

Official figure: CBO puts air- and missile-defense interceptors at $13.1B through August 1, the largest piece of $21.7B in munitions. The early-March estimates below ran far higher than the official accounting.

Jennifer Kavanagh of Defense Priorities estimates the U.S. "easily" spent more than $10 billion on air-defense systems in the first 48 hours. Iran launched 2,000+ drones and 500+ ballistic missiles (CSIS). CSIS separately estimates interceptor costs at $1.2B–$3.7B for the first 100 hours.

THAAD interceptor $12,700,000 each
Patriot PAC-3 $3,700,000 each
Iranian Shahed-136 drone $35,000 each
Cost ratio (interceptor vs. drone) 106 : 1

Source: NYT DealBook, Mar 4, 2026 (Niko Gallogly)

Stockpile Depletion
THAAD interceptors (Dec 2025) 534
SM-3 interceptors (Dec 2025) 414
Used in June 2025 (12-day war) 100–150 THAAD, 80 SM-3
THAAD production rate 96/yr → 400/yr (ramping)
PAC-3 production rate ~600/yr → 2,000/yr (ramping)
Full depletion at current usage 4–5 weeks

Since then: CBO says the U.S. has used between half and two-thirds of certain interceptor inventories across the 2025 and 2026 conflicts, and that rebuilding them will take at least five years.

In June 2025's 12-day war, the U.S. expended up to 30% of its THAAD stockpile and 80 SM-3s. Production cannot keep pace: even at quadrupled rates, replacing 150 THAAD interceptors takes nearly 5 months.

At sustained conflict consumption, the entire U.S. interceptor stockpile could be exhausted in 4–5 weeks — creating vulnerabilities for NATO, Ukraine, Taiwan, and Japan, all of which depend on U.S. defense supplies.

Source: Military Times, Mar 6, 2026

What that money bought
Other estimates
Pentagon → Congress — through Sep 3 (Sep 18) $43.6B
CBO — through Aug 1 (Sep 15), then $2–3B/month $38.1B
Hegseth, Senate Appropriations — Jul 21 $37.5B
DoD Lead Inspector General — through Jun 29 $33.4B
CSIS (Cancian & Park) — through June, incl. base damage $34B–$42B
Acting comptroller Hurst — May 12 / late April $29B / $25B
Pentagon → Congress (Mar 11) — first 6 days >$11.3B
Brown Univ. — extra consumer fuel spending, as of Sep 7 $100.9B
Moody's Analytics — military + energy + commodity + interest ≥ $132B
Linda Bilmes (Harvard) — long-run incl. veterans' care ≈ $1T
Penn Wharton Budget Model (early March) — direct budgetary cost $40B–$95B
CSIS — first 100 hours (early March) $3.7B

Updated Oct 13, 2026. The early-March figures and the $1B/day rate this page once used predate any official accounting.

Full methodology →
How the restated estimate is built, the Oct 13 revision note, and the original bottom-up model
Sources
  • Bloomberg Government (Sep 18 2026) — Pentagon estimate to Congress: $43.6B through Sep 3
  • CBO letter to Rep. Boyle (Sep 15 2026) — $38.1B through Aug 1; $2–3B/month ongoing
  • Task & Purpose (Oct 2026) — Pentagon DCAS: 21 killed, 865 wounded
  • NYT (Catie Edmondson, Mar 11 2026) — Pentagon briefing to Congress: >$11.3B for first 6 days
  • NBC News — Sen. Coons: $11.3B figure likely an undercount (excludes full munitions replacement)
  • Nancy Youssef (WSJ) — Pentagon preliminary estimate: $1B/day via congressional official
  • NYT DealBook (Niko Gallogly, Mar 4 2026) — Kavanagh/Defense Priorities interceptor analysis
  • Military Times (Mar 6, 2026) — Interceptor stockpile data, production rates, depletion timeline
  • CSIS (Cancian & Park, Mar 5 2026) — $3.7B first 100 hours; munitions, aircraft losses, interceptor breakdown
  • Penn Wharton Budget Model (Kent Smetters) — $40B–$95B direct, up to $210B economic impact
  • Center for American Progress — >$5B through Day 4
  • DoD Comptroller FY2024/25 reimbursable flight-hour rates
  • Congressional Budget Office (CBO) cost reports
  • Government Accountability Office (GAO) sustainment reports
  • Brown University Costs of War Project
  • DoD/CENTCOM official statements
  • AAA Gas Prices — National average gas price data; +$0.27/week post-conflict
  • AP, Reuters, AFP, Al Jazeera reporting

This page is the log the tracker kept in real time while the air war was underway. Its running counter, built on an early $1 billion/day estimate, has been retired in favor of the official tallies. See the current estimate and the revision note.