U.S. Child-Rearing Costs Reach $303,418
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View chart & analysis → - 1LendingTree announced that the current cost for U.S. households to raise a child until age 18 is $303,418.
- 2The annual child-rearing cost of $16,857 for U.S. households represents a 1.9% annual increase compared to the $297,674 in the previous year's report.
- 3A LendingTree survey found that 4 out of 5 parents said child-rearing costs are rising.
So what's the key point?
The cost of raising a child in the U.S. until age 18 is $303,418. Four out of five parents said that child-rearing costs are increasing.
Source Fortune · View original ↗
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