Original: Damage from Ike is estimated at $37.6 billion (2008 USD) of which $29.6 billion was in the US, the third most destructive U.S. hurricane on record, behind Katrina in 2005 and Andrew in 1992.
Simplified: Damage from Ike is guessed at $31.5 billion (2008 USD), the third most damaging hurricane in U.S. history, behind Katrina in 2005 and Andrew in 1992.