"In the past decade, tornadoes have caused more than $14.1 billion in total damage across the U.S.," according to ValuePenguin by LendingTree. They analyzed data from the National Weather Service and National Centers for Environmental Information from 2010 - 2020. You can look at that same data, too, right here.
On average, their analysis found, each tornado did nearly $2.5 million in property and crop damage. That's looking at the 5710 tornadoes that were recorded between 2010-2020 that did $14.1 billion in damage. The study then focused on comparing FEMA disaster relief to reported property damage and how that affected insurance. Through this same time period (2010-2020) the Federal Emergency Management Agency set aside almost $360 million for states who experienced damage from violent tornadoes. When you break it down, that was just over $22 million per storm that required assistance from FEMA. There were only 16 disaster declarations in the last 10 years from tornadoes that were large enough to get FEMA involved.
Fun fact: through 2010-2020 Alaska was the only state that did not experience a tornado. Yes, there were 3 EF-0 tornadoes in Hawaii during the last decade. Another interesting note if you dig through this data about disaster costs, relief paid, and number of tornadoes you will find the highest number of tornadoes does not equal the highest cost of damage. The states the saw the most tornadoes through this decade did not see the biggest price tag. That would suggest it has to do more with what specific communities are impacted than frequency of tornadoes per state.
