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Sumter, South Carolina, has the lowest average annual cost; there, it costs less than $12,000 annually to raise a 15-year-old. Jackson, Tennessee, and Longview, Texas, follow close behind, costing ...
Raising kids is rewarding, but let's be honest—it's expensive. The average cost to raise a child until age 18? According to Northwestern Mutual, it's a whopping $300,000, as Business Insider ...
California. Population of families: 23.2% High school graduation rate: 84.3% Property crime per capita: 1,973 Median income for families: $95,971 Average annual expenditures for families: $37,344 ...
Continue reading → The post Raising a Child Can Cost More Than $30K Per Year in the U.S. – 2023 Study appeared first on SmartAsset Blog. The average cost to raise a child in the U.S. is ...
The 2022 report shows the cost of raising a child from birth to 18 years old as £157,562 for a couple family or £208,735 for a single parent/guardian. [7] The Times estimates that it costs £202,660 to raise a child from birth to 18 in the UK. This includes the cost of housing and childcare. This works out to an average approximate of £ ...
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Total Cost to Raise a Child 12 Years (Cost of Living plus Home-Based Child Care): $179,301. Infant (0-2 years/0-23 months) Average Annual Median Child Care Cost (Center-Based): $15,465. Average ...
According to the latest data from the U.S. Department of Agriculture, it would cost parents $233,610 to raise a child born in 2015. Adjusted to 2022 dollars for inflation, that amounts to $296,188.