War cost Iran impacts US households
Reports reveal that the cost of the war on Iran has reached approximately $1,760 per American household as of mid-September 2026. The rise in energy prices, interest costs, and military spending has placed significant financial pressure on consumers. The price of West Texas Intermediate crude oil has hit its highest level since May, and the prices of gasoline and diesel have increased notably, further boosting transportation and goods costs. Additionally, the increase in Treasury bond yields has led to higher mortgage interest rates and a reduced ability to purchase homes. Credit card debt has risen to $1.26 trillion, and the savings rate is approaching its lowest levels since the global financial crisis, threatening U.S. economic growth.
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