While officials are still assessing the damage, the economic toll from Hurricane Ian was already staggering.
Preliminary estimates approach $70 billion, and consumers may feel annoyed at the grocery store by the storm.
Ian is one of the most powerful hurricanes that hit the entire American cities in central and northeastern Florida.
Hurricane Ian heads for South Carolina after bombarding Florida; Death toll rises
60 percent of Florida residents don’t have flood insurance, and homeowners there already pay the highest average premiums in the country — and that could only get worse.
But President Joe Biden promised that help is on the way. The president offers nearly $38,000 for people who don’t have enough home insurance, and another $38,000 for lost property.
Pictures: Painful aerial photos show the aftermath of Hurricane Ian at Fort Myers, Sanibel Island
Not just homes and businesses, Florida produces 70 percent of citrus, so any damage to crops means higher prices in the store.
Economists do not expect oil and gas prices to rise because Florida is not an energy producer.
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