Alach11 | Taken at 9:10 AM on Monday, August 30, 2021. The image shows damage to buildings in Houma, Louisiana the morning after Hurricane Ida made landfall. House of Hope provides services for the homeless. | https://commons.wikimedia.org/wiki/File:Damage_in_Houma_Following_Hurricane_Ida.jpg | Creative Commons Attribution-Share Alike 4.0 International license. | https://creativecommons.org/licenses/by-sa/4.0/deed.en
Hurricane Ida has gone from New Orleans to New York, raising questions as to the potential economic damages that will be caused by the hurricane. AccuWeather is now projecting that the damages will total over $95 billion, potentially one of the costliest hurricanes since 2000. This estimate is higher by $20 to $30 billion from their initial projections when the hurricane had begun.
The forecasting company is predicting that the storm will come in seventh place in regard to the costliest hurricane to hit the United States. Hurricane Katrina is still expected to be the costliest hurricane to hit the United States with damages totaling at $320 billion. If hurricane Ida were to keep moving north, the total damage may increase and surpass hurricane Ivan and Hurricane Rita.