
Kids need time, love, emotional support, and stability. They also need to have their basic needs met: shelter, food, clothing, medical care, and protection from harm. According to Maslow’s Hierarchy of Needs, survival needs like food, water, shelter, and sleep followed by health, employment, and security must be met before an individual can satisfy their higher needs and realize their full potential.
Supporting children to have their basic needs met costs money. Many parents eventually find out that raising kids is more expensive than they originally thought. From birth to 18, parents will pay an average of $237,482 per child. A study published in 2023 found that Colorado is the sixth most expensive state to raise a child.
The Life. As Told By Youth contributors offer their thoughts on how much kids cost and if they’d be able to cover those costs. What about you? Could you financially support a child right now? Let us know.
Let’s go a little deeper. Here’s how much it costs as of 2024 to pay for things a child needs.
Diapers: $86
Car Seat: $127
Stroller: $150
Crib: $150
Baby clothes: $20-$50 per month
Doctor’s visit without health insurance: $95 per visit
Infant child care costs: $1,730 per month
Are these costs what you expected them to be? Raising a child isn’t cheap, and that’s why families with more money often have better outcomes for their children. By getting your education and starting your career before having a child, you and your family are more likely to get your needs met and be economically mobile. Understanding where and how to get help from programs like child support helps, too.
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