ELECTION EXPENSES

Estimate are that $15.9 billion, a new nominal record, will be spent this election cycle. This total includes congressional races, outside money from super-PACs, and money spent by the two presidential campaigns. In real terms, the $15 billion spent during the 2020 cycle will remain tops as it works out to over $18 billion today. Based on the 154.6 million voters in 2020, $15.9 billion works out almost $103/voter.