How much does it cost for Americans to raise a child?

According to a 2022 analysis by the Brookings Institution，, the estimated cost of raising a child in the United States from birth to age 17 isaround $310,605，And the cost is still growing.The estimate is based on data from the U.S. Department of Agriculture (USDA)

This cost is scary. We have listed the main costs.

Housing

Housing is the most expensive cost associated with raising a child, parents can expect to spend about $5000 annually on housing costs for their child.

Food

Food expenses are the second-largest category,parents will spend about $3000 annually on food for their child.

Childcare and Education

With rising living costs, parents often face difficult decisions about how to pay for childcare and education.On average, parents will spend around $3000 annually on these areas. This estimate does not include the costs associated with sending a child to college.

Transportation

Parents can expect to spend approximately $3000 per year on transportation.

Healthcare

Parents are estimated to spend about $2000 annually on healthcare.which includes premiums and out-of-pocket expenses during their upbringing.

Miscellaneous Items

Miscellaneous items, such as strollers, cribs, clothing, and other essentials for a growing child, make up around 7% of the total costs. This amounts to approximately $2500 annually. The amount spent on these items can vary significantly depending on personal preferences, such as choosing between a $200 stroller or a $400 stroller, reflecting individual needs and choices.

child related expenses by age and stage：

0-3Years

• Baby Gear:Items like  cribs, strollers, chairs, car seats, and so on.
• Diapers and Wipes: Diapers are a must-have item especially in the first year
• Clothing:Infants grow quickly, so frequent clothing purchases are necessary.
• Health and Medical:Pediatrician visits, vaccinations, and occasional medical costs.
• Childcare:Childcare for infants and toddlers is one of the biggest expenses.

4-6 Years

• Clothing :As children grow, clothing expenses are still significant.
• Education:  Preschool education is a cost
• Toys and Entertainment:At this age,the toys are also nesscery.
• Health and Medical:Routine check-ups, dental care, and any unforeseen medical.

7-12 Years

• School Supplies and Activities:This includes school fees, supplies, extracurricular activities (sports, music lessons, etc.), and after-school care.
• Clothing :At this age, clothing expenses are still significant.
• Food:A growing child eats more, Food will cost more.
• Health and Medical:Regular check-ups, dental care, and medical expenses.

13-17 Years

• Clothing and Personal Care:AT this age,Teenagers tend to have more personal style preferences.
• Activities:Extracurriculars like sports, arts, and hobbies can cost anywhere, especially if they are involved in specialized programs ,like travel teams.
• Education: At this age,Education costs will increase significantly.
• Food:Teens typically eat more,food cost will increase.
• Health and Medical:Teenagers still require regular medical care.