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Cost to US of Iraq and Afghan wars could hit $6 trillion. The cost of the wars in Iraq and Afghanistan could reach as high as $6 trillion dollars â or $75,000 for every household in America â a new study from Harvard University has found.
WASHINGTON  The monthly bill for the U.S. military missions in Iraq and Afghanistan now rivals Pentagon spending during the Vietnam War, Defense Department figures show. The Pentagon is spending nearly $5 billion per month in Iraq and Afghanistan, a pace that would bring yearly costs to almost $60 billion.ast week, chief Iraq administrator Paul Bremer said Iraq rebuilding costs could require tens of billions of dollars in the next year, including $6 billion for electricity and water alone. News reports last week put the 2004 cost for military and rebuilding operations in Iraq alone as high as $70 billion.