Pentagon Says Iran War Has Cost $29 Billion So Far

The department had estimated the war’s cost at $25 billion on April 29.

In this photo obtained from Iran's ISNA news agency, vessels are anchored in the Strait of Hormuz off Bandar Abbas in southern Iran, on May 4, 2026. (Amir Hossein Khorgooei / ISNA / AFP via Getty Images) /

The United States has spent approximately $29 billion on the war against Iran so far, according to the Pentagon.

Department of War Chief Financial Officer Jules Hurst disclosed the figure on May 12 during testimony before the House Appropriations Subcommittee on Defense. Hurst said that rising repair costs, equipment replacement, and ongoing military operations contributed to the updated total.