Photo: "Freak" Hurricane Ike Will Cost $22 Billion

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Floodwaters from Hurricane Ike surround houses on September 14, 2008, near Winnie, Texas. Ike made landfall Saturday morning at Galveston, causing widespread wind and flood damage along the Texas and Louisiana coasts.

Ike's rampage along the Gulf Coast could reach U.S. $22 billion, which would make it the third costliest hurricane on record behind Hurricane Katrina in 2005 and Hurricane Andrew in 1992.

Photograph by Smiley N. Pool-Pool/Getty Images

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