Moody's Mark Zandi estimates the Iran war has cost the average US household nearly $2,000, or about $265B nationwide, with roughly $1,100 from higher energy and transport costs. The energy tab is stil

What happened: Moody's Analytics chief economist Mark Zandi estimated the Iran war has cost the average U.S. household nearly $2,000 since it began, about $265 billion nationwide. U.S. and Israeli strikes on Iran began Feb. 28. Key numbers: About $1,100 per household on energy and transportation, $540 on higher interest rates, $360 on military spending. Why it matters: Zandi said the war's costs absorbed about half the average household's income gain over eight months, and that war inflation contributed to the Fed's decision to raise rates. The White House disputed his figures.

Moody's Analytics chief economist Mark Zandi estimated the Iran war has cost the average U.S. household nearly $2,000 since it began, about $265 billion nationwide. U.S. and Israeli strikes on Iran began Feb. 28.

Zandi said the war's costs absorbed about half the average household's income gain over eight months, and that war inflation contributed to the Fed's decision to raise rates. The White House disputed his figures.