It now costs more than $300,000 to raise a child, thanks to inflation

It now costs more than $300,000 to raise a child, thanks to inflation

It now costs $310,605 for a married middle-income couple with two children to raise their youngest child from birth through high school, according to a recent estimate from the Brookings Institution. The estimate builds on a 2017 report from the US Department of Agriculture. Back then, the agency estimated that it cost a middle-income, married …

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