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It now costs $300K to raise a child in the US, study finds

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Raising a child in the United States is more expensive than ever.

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It now costs $300K to raise a child in the US, study finds

Raising a child in the United States is more expensive than ever.

24 hours ago·Cedar Rapids, United States

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Fast Company

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The overall cost of raising a child is now nearly $300,000

It’s no secret that raising kids in the U.S. has become grossly expensive. The price of childcare alone has ballooned over the past decade, with many families reporting that it costs them at least a quarter of their annual income. Across many states, families need to earn an average of $180,000 to comfortably afford infant care; the high cost of living in states like California and New York can require an income exceeding $250,000. An increasing…

1 day ago

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