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International Business Times
International Business Times
Luke Funk

Economists Put 11-Figure Price Tag On Rebuilding After Hurricane Helene

Hurricane Hurricane Helene Moody
Members of the Prattville Fire Department ride in an all-terrain vehicle as workers use heavy machinery to clear a road near Black Mountain, N.C., on Monday, Sept.30, 2024. (Credit: Sean Rayford/Getty Images)

It could take up to $26 billion to rebuild the damage left behind by Hurricane Helene, according to a preliminary report.

Moody's Analytics says the preliminary cost estimates could change due to storm damage still being assessed but overall losses from property damage and economic losses range from $20 billion to $34 billion. That number could grow because it came out before the full extent of the damage was known in states like North Carolina.

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