$900 a year: That's how much climate change costs the average US household
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Climate change costs the average US household $900 per year, with 10% of counties exceeding $1,300 annually. These costs include higher home insurance bills, disaster recovery costs, and health damages from extreme weather and wildfire smoke.
Climate change affects US households in various ways, resulting in significant costs. The average household pays $900 annually due to climate change. Home insurance premiums increase by over $600 per year, with some properties becoming uninsurable. Disaster relief efforts also contribute to higher taxes. Additionally, households spend more on energy due to increased cooling needs and utility companies rebuilding systems damaged by storms and wildfires. Climate change also leads to health issues, including premature deaths from wildfire-related fine particulate matter, costing households over $100 per year. Overall, climate change costs US households more than $110 billion annually.
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