Raising a child in America can be incredibly expensive, especially in certain metropolitan areas. A recent analysis reveals which U.S. cities are the priciest for families, highlighting staggering costs in places like San Francisco, New York, and Boston. Factors such as housing, childcare, and education contribute to the high expenses, making it crucial for parents to carefully consider their budget when choosing where to live.
Raising a child may be expensive, costing hundreds of thousands of dollars from birth to adulthood.
Bruno Venditti of Visual Capitalist created this chart, which illustrates the ten most costly metro areas in the United States to raise a child out of the 50 largest. Food, housing, daycare, healthcare, transportation, and other basics all come at a cost.
All figures are as of February 2024. The data is from SmartAsset.
Methodology: SmartAsset used MIT Living Wage Calculator data to compare the living costs of a household with two working adul...
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