The Costliest U.S. Hurricanes Ranked damage in dollars not adjusted for inflation. Totals for hurricane Ike in 2008 are not finalized. Rank Hurricane Name Year Category Damage 1 Katrina 2005 3 $81 billion 2 Andrew 1992 5 $26.5 billion 3 Wilma 2005 3 $20.6 billion 4 Ike 2008 2 $18 billion 5 Charley 2004 4 $15 billion 6 Ivan 2004 3 $14.2 billion 7 Rita 2005 3 $11.3 billion 8 Frances 2004 2 $8.9 billion 9 Hugo 1989 4 $7 billion 10 Jeanne 2004 3 $6.9 billion