Americans are now spending nearly 22% of their income on the basic cost of raising a child, as rising living expenses and uneven regional pricing continue to reshape household budgets, according to a report by LendingTree.
The analysis, published Monday, shows that families allocate 21.9% of their income toward child-related costs. This figure reflects the growing weight of essential expenses such as housing, food, childcare and insurance. The share remains elevated even as overall cost growth has slowed, indicating persistent structural pressure on disposable income rather than a short-term spike.
The total cost of raising a child over 18 years has climbed to $303,418, or about $16,857 annually. While daycare costs declined slightly in early childhood years, increases in rent and other essentials have offset those gains. Rent alone rose nearly 49% in the dataset, reinforcing how housing inflation is driving the higher income share.
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