Overall, 748 people were reported killed, with an additional 1,274 people hurt. Nearly 5.5 million people sought shelter in schools. Thousands of hectares of agricultural crops, including of sugar crops, were destroyed. A total of 630,885 homes were damaged and 222,026 houses were destroyed, leaving 1,110,020 people homeless. One hundred fifty-nine vessels sunk and 28 others were washed aground and damaged. Two-thirds of all damages occurred in Negros Occidental and Iloilo provinces. Monetary damage was estimated at $446 million (₱10.8 billion), with $46.1 million (₱1.12 billion) from crops, $350 million (₱8.51 billion) from public infrastructure, and $49.9 million (₱1.21 billion) from private infrastructure. At the time, Mike was the costliest tropical cyclone listed in the National Disaster Risk Reduction and Management Council's database. However, this mark was eclipsed by Typhoon Fenghsen in June 2008. As of 2014, Mike is the seventh most damaging Philippine typhoon since independence in 1947.