Raising One Child Now Costs More Than $43,000 a Year in This One U.S. Metro Alone, and Child Care Is Eating the Single Biggest Piece of It
Raising a single child costs more than $43,000 a year in San Francisco, the most expensive of 48 major U.S. metros analyzed, while the same basic needs run as low as $19,922 a year in Memphis, according to SmartAsset’s 2026 study built on MIT’s Living Wage Calculator data. Across nearly every metro in the analysis, … Read more