EconomyIran war costing each US household about $2,000, Moody’s estimates

Name: Iran war costing each US household about $2,000, Moody’s estimates
Uploaded: 2026-10-13T22:09:46.000Z
Description: With gas at $4 per gallon, mortgage rates at 7% and airfares surging, the Iran war is sharply increasing living costs for consumers facing inflation. Mark Zandi, chief economist at Moody’s Analytics, estimates the conflict has cost US consumers about $265 billion since late February—roughly $2,000 per household.

With gas at $4 per gallon, mortgage rates at 7% and airfares surging, the Iran war is sharply increasing living costs for consumers facing inflation. Mark Zandi, chief economist at Moody’s Analytics, estimates the conflict has cost US consumers about $265 billion since late February—roughly $2,000 per household.

CNN 2026-10-13 22:09