How much rain will Chicago receive by the end of July?
Experts at Kalshi are predicting a 99% chance that precipitation totals will exceed 3 inches, along with a 51% chance of surpassing 4 inches by the end of July.
Over 116 million at risk as severe storms, flash flooding target Eastern US
The multiday severe weather event continues Tuesday, putting millions at risk as storms and heavy rain charge east. Threats include tornadoes, damaging winds, and hail, alongside an escalating flash flood risk. Full forecast:
CHICAGO, Ill. – After a wet start to the month, Chicago, Illinois, has had a bit of a dry spell, leaving people wondering how much rain could fall by the end of July.
So far this month, Chicago has received just over 3.5 inches of rain, according to the National Weather Service.
Despite this, the city is above the annual average precipitation, with 24.1 inches so far, compared to the usual average of 21.1 inches.
Watch: Timelapse shows severe storm blowing into Chicago
Timelapse video shows a severe storm moving into Chicago bringing heavy rainfall, gusty wind and thunderstorms. Currently, close to 172,000 customers are without power in Cook County, Illinois.
Scattered showers are expected this evening as precipitation chances increase overnight.
With more wet weather on the way, prediction markets at Kalshi are analyzing the expected rainfall totals for Chicago by the end of the month.
Experts at Kalshi are predicting a 99% chance that precipitation totals will exceed 3 inches, along with a 51% chance of surpassing 4 inches by the end of July.
This comes as a multiday threat kicked off Monday, impacting portions of the Upper Midwest throughout the afternoon and evening with multiple tornado-warned storms, large hail and damaging winds.
As the severe weather trend continues across portions of the Midwest and Northeast today, there is a chance that rain totals could surpass 3 inches this month, according to experts.