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How much did it cost to win the presidency? Adjusted to 2026 dollars, Biden 2020 was the most expensive winning campaign at $1.374B, followed by Obama 2008 at $1.170B and Obama 2012 at $1.064B. Trump 2024: $269M. Candidate spending only. No super PACs, party spending, or outside groups. Which one surprised you most? #politics #trump #biden #election #money Sources: FEC; BLS/FRED CPI-U. 1976 & 1988 reconstructed from archival FEC reports.