Why Raising Children Is So Expensive In The U.S.

3 years ago

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Raising children is expensive in the United States, and families are feeling the pressure. The U.S. Department of Agriculture published a report using 2015 data that estimated child-rearing expenses from birth through age 17 in a two-child, middle-income, married-couple family is $233,610. With inflation, that number translates to almost $286,000 in 2022. According to economists, the current policies in place meant to help families are not doing enough. Here’s why it’s so expensive to raise children in the U.S. and some of the policies the U.S. government could implement to help.

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