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Newly published research from the Pacific Institute for Research and Evaluation (PIRE) shows that
personal and property crime in the U.S. cost $2.6 trillion in 2017. This figure includes out-of-pocket costs and the value of lost quality of life.
In 2017,
associated costs, with a dollar value placed on lost quality of life, include:
$2.2 trillion for violence
$220 billion for non-violent crime
Further,
$1,900 for every person in the U.S. That figure also equaled
3.2% of the Gross Domestic Product (
GDP).
exceeded the $590 billion for military spending or the
$450 billion spent on social welfare programs in 2017.
Health care costs totaled over $90 billion or about