Financial crisis cost taxpayers at least $11,000 per household

The Pew Economic Policy Group announced on Wednesday that the total cost to taxpayers for the financial crisis is at least $11,000. 

"The combined costs of lost income and wages, and federal government spending to mitigate the financial crisis, totaled more than $11,000, on average per U.S. household, during the acute stage of the financial crisis -- from September 2008 through the end of 2009," the group stated. 

"In addition, the combined peak loss from declining stock and home values totaled nearly $100,000, on average per U.S. household, during the July 2008 to March 2009 period."

Pew also noted that the U.S. lost $7.4 trillion in stock wealth from July 2008 to March 2009, according to the Federal Reserve. 

"This is roughly $66,200 on average per U.S. household," Pew stated.