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Israel Online · Sep 15, 2026

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Iran War Has Cost U.S. Nearly $40 Billion, New Analysis Finds The war with Iran has cost the U.S. government about $38 billion in direct costs through August 1, according to a new Congressional Budget Office analysis reported by TIME. The estimate is close to the Pentagon’s previous $37.5 billion figure. The CBO also estimates the war could cost Washington an additional $2 billion to $3 billion for every month the conflict continues.

*Iran War Has Cost U.S. Nearly $40 Billion, New Analysis Finds* The war with Iran has cost the U.S. government about $38 billion in direct costs through August 1, according to a new Congressional Budget Office analysis reported by TIME. The estimate is close to the Pentagon’s previous $37.5 billion figure. The CBO also estimates the war could cost Washington an additional $2 billion to $3 billion for every month the conflict continues.

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