Average cost to raise a child now tops $300,000, study finds
Raising a child through age 18 is most expensive in Hawaii, where a family would spend an estimated $412,661 in 2026, LendingTree found.
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Raising a child through age 18 is most expensive in Hawaii, where a family would spend an estimated $412,661 in 2026, LendingTree found.
As many as 70,000 child care centers are at risk of closing without the federal aid, while parents could face higher costs, experts say.
Police identified the attacker as a former police officer who was fired from the force earlier this year because of a drug charge.
Childcare costs now rank as the number one expense for families in Southern California, and experts say the pandemic has turned an already broken system into a full-blown crisis.
In the past 14 months, more than 8,500 California childcare centers have permanently closed, taking with them thousands of spots for people who need care.
The county has $5 million in federal coronavirus relief funding to give through 225 lottery-based grants, including 150 to family childcare homes and 75 to licensed childcare centers.
LAUSD has not yet released any information on childcare for working families this upcoming school year, but Superintendent Austin Beutner has said it was going to be part of the district's plans.
As home prices have skyrocketed in Southern California, the number of in-home daycares has plummeted due to rising costs and stagnant wages.
Mother-of-five Jen Levinson has made a name for herself doling out the latest in parenting tips and family-oriented products.
The cost of raising a child continues to climb and parents starting a family this year should be prepared to shell out hundreds of thousands of dollars before their kid even turns 18.
