Planning on bringing a new bouncing bundle of joy into the world soon? You’re probably already used to shelling out some major bucks in preparation for that little one, but the spending won’t stop here: The average cost of rearing a human to the ripe old age of 18 has risen again, to $245,000 based on a middle-income family. And then comes college. [More]
Back in the day, you could hire the best babysitter on the block for $5 per hour, with $1 added for each kid. That was enough to pay for whatever high schoolers need to pay for, but nowadays the top babysitters are raking in the big bucks. [More]
While much has been made in the last year about the soaring cost of a college education, it’s also worth noting that the price of full-time child care has continued to increase, even while many parents have struggled to make ends meet. And a new study finds that the average cost of day care in 35 states and the District of Columbia is now higher than the price of in-state tuition at a four-year college.
Do you have a passel of kids and not a lot of money? Then you might want to avoid living in the country’s priciest states for child care. With annual costs of up to an average of $16,500, take a look at the nation’s most expensive places to live when it comes to caring for your kids.