Dec 18, 2024
Mapped: The Cost of Raising a Child in the U.S.
What We’re Showing
The cost to raise a child by state, according to data compiled by SmartAsset as of February 2024.
Methodology
SmartAsset used MIT Living Wage Calculator data to compare the living costs of a household with two working adults and one child to that of a childless household with two working adults. The data is as of February 2024. Costs include additions for food, housing, childcare, healthcare, transportation and other necessities.
Key Takeaways
- Massachusetts has the highest annual costs for raising a small child at $35,841.
- Mississippi has the lowest annual costs at $16,151 per year.