Costs of gun violence

The price of a city’s gun violence, including both direct and indirect costs, is hard to quantify, and experts disagree on how to add it up. Boston Consulting Group, at the request of Chicago CRED, calculated just the direct costs to Chicago in 2018 at more than $3 billion.

Note: This does not reflect indirect costs: lost wages/GDP, lost tax revenues, other public assistance required, lost tourism, etc. Average costs of prosecution and incarceration depend on police crime-clearance rates.