child-rearing costs

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Average Cost of Raising a Child in U.S. Reaches $303,418 Over 18 Years

A LendingTree study reports the average cost of raising a child in the U.S. for 18 years at $303,418, up 1.9% from the previous year. Costs vary by state, with Hawaii at $412,661 and New Hampshire at $201,963. Childcare represents the largest expense, averaging $28,190 annually.

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