It now costs $300,000 to raise a child in the United States

Happy family of four walking along a path in the woods.

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Have a child? The cost of raising money may be more than you realize.

the main points

  • The cost of a middle-income couple to raise a child born in 2015 through age 17 is $310,605.
  • From July 2021 to July 2022, prices increased by 8.5%. Food prices at home increased by 13.1%, gasoline prices by 44%, infant and toddler clothing by 8.2%, and boys and girls’ shoes by 7.7%.
  • Inflation is regressive, which means that it disproportionately affects lower-income families. Single-family households and minority households were the hardest hit.

High inflation affected not only the cost of gas, food, and rent, but also increased the cost of raising a child. According to new data, the cost of a married, middle-income married couple raising a child born in 2015 to age 17, is $310,605, or $18271 a year.

In 2017, the USDA estimated the cost to be $233,610 to raise a child born in 2015, from infancy to adulthood. This amount has increased by 33% in the past five years as inflation has reached its highest level in 40 years. These numbers do not include the cost of saving for college, which could add up.

Inflation hits all categories

The estimate covers a range of expenses, including housing, food, clothing, health care, and childcare. They also account for childhood milestones and activities – diapers, haircuts, sports equipment, and dance lessons, among other costs. From July 2021 to July 2022, prices increased by 8.5%. The specific categories rose with the upbringing of children, as shown below.


Percentage change July 2021 to July 2022

food at home


baby food




home energy


Furniture and home supplies


boys clothes


girls clothes


Children’s shoes


Baby and toddler clothes


sports tool


Toys, games, hobbies and playground equipment


Musical Instruments/Accessories


Books / educational supplies


Rent for basic housing


health insurance


Laundry and dry cleaning services




Cost grocery shopTransportation and living expenses have risen dramatically. Inflation is particularly regressive, which means that it affects more low-income families. Single parent families and minorities have been hit the hardest. The cost also depends on where you live. The most expensive places to live are along the coasts, with the least expensive areas located in the urban areas of the Midwest and rural areas.

The high cost of raising a child is one of the reasons why American families have fewer children. The fertility rate is currently 1,782 births per woman, which measures the average number of births a woman has during her lifetime. This is close to its lowest level in 30 years. While the cost of having multiple children is high, the cost per child goes down the more children you have. Two children can live in one bedroom and share things like toys or clothes. Compared to families with two children, couples spend 27% more on an only child and families with three or more children spend 24% less on each child.

Having children is expensive, and until inflation is brought under control, it may continue to rise. put a income and create financial plan It is more important. With food prices up 13.1%, families will have to be more creative in buying groceries and spending on extracurricular activities. Shopping in cheaper stores and Reduce unnecessary expenses Your money will help go further.

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