The most expensive and cheap US states to raise a child

Everyone knows that raising a child in the United States is very expensive, but the budget needed to meet the needs of the child varies from state to state.

Фото: Depositphotos

Edition CNBC ranked the states by the amount of expenses that parents need to do to raise a child.

The study looked at factors such as the difference in the cost of renting a typical one-bedroom and two-bedroom apartment; average cost of kindergarten; average cost of baby clothes, diapers and napkins; the average cost of feeding a child; the average amount of the increase in the premium when a child joins the insurance plan, as well as federal tax benefits for parents. According to these criteria, all US states were evaluated.

According to the findings, the average monthly cost of raising a child in the United States is $1. Massachusetts is the most expensive state to raise a child, with an average cost of $037 per month. That's nearly $1 more than the cheapest state, Arkansas, where the monthly cost of child care is $521.

According to the study, the average difference in rental price between a one-bedroom and a two-bedroom apartment is $175 per month; The average monthly cost of kindergarten in the United States is $744; the average monthly cost of baby clothes, diapers and wipes is $56; additional food costs average $52 per month; and the average cost of adding a child to a health insurance plan is $176 per month. In 2018, parents can receive a $2 federal tax credit for each qualifying child.

10 most expensive states to raise a child:

1. Massachusetts: 1 521 dollars per month;

2. Hawaii: 1 464 dollars per month;

3. Washington, DC: 1 374 dollars per month;

4. California: 1 349 dollars per month;

5. Connecticut: 1 327 dollars per month;

6. Alaska: 1 314 dollars per month;

7. Vermont: 1 311 dollars per month;

8. New Hampshire: 1 290 dollars per month;

9. New Jersey: 1 243 dollars per month;

10. Maryland: 1 238 dollars per month.

10 cheapest states to raise a child:

1. Arkansas: 723 dollars per month;

2. Mississippi: 759 dollars per month;

3. West Virginia: 814 dollars per month;

4. Tennessee: 830 dollars per month;

5. Louisiana: 835 dollars per month;

6. Alabama: 837 dollars per month;

7. Utah: 850 dollars per month;

8. South Carolina: 850 dollars per month;

9. Kentucky: 870 dollars per month;

10. North Dakota: 872 dollars per month.

The cost of raising a child in the United States is constantly increasing. A report by the US Department of Agriculture indicated that the average cost of raising children from birth to 17 is 233 610 dollars.

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