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U.S. Child-Rearing Costs Reach $303,418

Fortune ·

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  1. 1LendingTree announced that the current cost for U.S. households to raise a child until age 18 is $303,418.
  2. 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.
  3. 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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