War with Iran Has Cost Every U.S. Family $1,760 So Far

Fuel price increase in the U.S.

According to Moody's Analytics, as reported by CNBC, the war in Iran has so far cost Americans $1,760 per family.

Approximately $930 is due to rising energy prices, and another $425 to higher interest rates since February, when the conflict began.

The remaining $425 is related to increased military spending, which consumers pay for through debt and taxes.