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Study Shows It Costs $300,000 To Raise A Kid In The U.S. As Inflation Soars To 40-Year High

Study Shows It Costs $300,000 To Raise A Kid In The U.S. As Inflation Soars To 40-Year High

Study Shows It Costs $300,000 To Raise A Kid In The U.S. As Inflation Soars To 40-Year High A recent study shows it costs parents $300,000 to raise a child in the United States, as inflation soars nationwide to a 40-year high, per reports. The study, conducted by the Brookings Institution, found that the cost of paying for a child through high school, or until 17 to 18 years old, is estimated to be at $310,605, which comes out to $18,271 per year. In comparison, in 2021 the average cost of raising a child born to a middle-income, married couple… Read Full Article