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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 ...
Methodology: For this piece, GOBankingRates used the 2022 Consumer Expenditure Survey conducted by the Bureau of Labor Statistics for the consumer unit of “Single Parent with at least one child ...
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 ...
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.
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50. South Dakota. Average price per child: $247 This article was originally published on Cheapism
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.
As Business Insider reported last year, the cost of childcare increased 41% on average from 2018 to 2020 (from $9,977 to $14,117 per year), ... Total Cost to Raise a Child 12 Years ...