What was the cost of the damage caused by the Joplin, Missouri EF5 tornado?

The cost of the damage caused by the Joplin, Missouri EF5 tornado is often cited as approximately 2.8 billion dollars. This devastating tornado struck Joplin on May 22, 2011, and is one of the deadliest and costliest tornadoes in U.S. history, resulting in significant loss of life and extensive destruction of property. The figure reflects not only the immediate destruction of homes and businesses but also the long-term economic impact on the community, including rebuilding efforts and infrastructure loss. The costs associated with such severe tornadoes usually account for a comprehensive assessment of both tangible and intangible damages, which justifies the substantial figure of 2.8 billion dollars for this particular disaster.