Of the nation’s 20 costliest locations to raises a household, half got here from California.
Jaclyn DeJohn, SmartAsset managing editor of financial evaluation, analyzed knowledge from the MIT Dwelling Wage Calculator for 381 metropolitan areas to find out the common annual price of elevating one little one, two youngsters or three youngsters below 4 for 2 working adults. The prices embody childcare, housing, meals, transportation and medical prices for the areas, in keeping with SmartAsset.
So what are the most costly areas to boost youngsters in United States? Effectively, 10 are from California.
Right here’s the listing, with the estimated price per little one per 12 months …
1. Ann Arbor, Michigan ($30,354).
2. San Francisco ($30,062).
3. San Jose ($28,943).
4. Kalamazoo-Portage, Michigan ($28,758).
5. Barnstable, Massachusetts ($28,708).
6. Boston ($28,639).
7. Trenton, New Jersey ($27,395).
8. Santa Cruz ($27,098).
9. Detroit ($26,475).
10. Boulder, Colorado ($26,271).
11. Napa ($25,840).
12. Santa Rosa ($25,673).
13. Ventura County ($25,412).
14. San Diego ($25,138).
15. Los Angeles-Orange County ($24,941).
16. Worcester, Massachusetts ($24,752).
17. New York ($24,723).
18. Santa Maria-Santa Barbara ($24,710).
19. Pittsfield, Massachusetts ($24,595).
20. San Luis Obispo ($24,007).
See the complete listing and the methodology behind the rankings at smartasset.com/data-studies/second-third-child-costs-2023.
Tribune Information and Jonathan Lansner, enterprise columnist for the Southern California Information Group, contributed to this report.
