LAS VEGAS (KLAS) — Most dad and mom will agree that elevating a toddler to the age of 18 is pricey, and a current examine exhibits how a lot it does value Nevada households.
Nevada dad and mom will spend $245,822 over 18 years to lift a toddler, making it the twenty seventh costliest state to take action, based on a examine launched by Lending Tree.
Baby care, meals, clothes, medical health insurance, lease, and transportation prices had been factored into the examine. The prices had been arrived at by evaluating the prices of a two-person family to a two-person family with a toddler.
In all circumstances, the largest chunk of cash went for toddler little one care, which prices Nevada dad and mom a complete of barely greater than $13,000 a 12 months.
“No one should be surprised that costs have risen in recent years, but the type of growth we’ve seen in child care costs is on a whole other level,” Matt Schulz, LendingTree chief shopper finance analyst, mentioned.
The nationwide common for elevating a toddler stands at $297,674, which is a 25.3% enhance from 2023. The examine discovered the costliest state to lift a toddler was Hawaii with a complete value of $362,891, and the least costly was Mississippi at $190,402.
The examine used information supplied by the U.S. Census Bureau, U.S. Bureau of Labor Statistics, Massachusetts Institute of Know-how, Baby Care Conscious of America, and Care.com.
