The 2018 extreme weather season continues to unfold. There have been so far in the United States this year three disaster climate events that left 34 people dead and caused damages exceeding $1 billion.
2017 broke records for frequency of disasters and damage. There were 16 separate billion-dollar or more climate events — including hurricanes Maria, Harvey, and Irma — and damage for the year exceeded $300 billion. This year, weather has resulted in long-lasting, if not permanent, economic effects on areas impacted.
24/7 Wall St. reviewed the National Hurricane Center’s January 2018 report, “Costliest U.S. Tropical Cyclones.” The government report lists 36 hurricanes that struck the United States between 1900 and 2017 and caused $1 billion or more in damages. We obtained for each hurricane the maximum sustained wind speed at landfall from the NHC’s Atlantic hurricane database (known as HURDAT2).
Of climate catastrophes, hurricanes have caused by far the most damage. Damage from hurricanes hitting the U.S. between 1980 and April 6, 2018 totals $862 billion. The cost of an average hurricane is $21.6 billion.
Hurricane Katrina is by far the costliest and most devastating storm in U.S. history. While casualties from hurricanes since 1900 have numbered from a handful of fatalities to deaths in the low hundreds, Katrina resulted in 1,833 deaths. Damage from the storm is estimated at $160 billion, shattering 2017’s second place Harvey, which caused $125 billion in damage.
Coastal states along the Atlantic coast have born the brunt of the most destructive hurricanes in U.S. history. Florida, for example, was affected by 15 of the 36 most destructive hurricanes. While areas in the southeastern United States like Florida have experienced higher frequencies of hurricanes, the Northeast has not been spared.
In 2011, Hurricane Irene wreaked havoc across the Mid-Atlantic and Northeastern United States. And the two oldest hurricanes on this list of most destructive hurricanes are the 1938 New England Hurricane and the 1944 Great Atlantic Hurricane.