Midwest flooding costs increasing, with $1.6 billion damage in Iowa
The ongoing flooding along the Missouri River has damaged thousands of homes and inundated vast swaths of agricultural land with water in Nebraska, Iowa and Missouri. The flooding, which followed heavy rains and snowmelt this month, has also been blamed for three deaths.
More than 1,200 homes in Iowa have been destroyed or extensively damaged, while another 23,540 have at least minor damage, she said. Cost estimates indicate the flooding has caused more than $480 million in damage to homes, while businesses have suffered $300 million in damage. Agriculture damage is estimated at $214 million.
About 70 miles of levees in Iowa operated by the U.S. Army Corps of Engineers are damaged or destroyed, and the cost to repair them is estimated at $350 million. About 175 miles of non-federal agriculture levees also need repair, at an additional cost of $175 million.
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