Raising a child in the US costs over $300k, nearly 30% rise since 2023

FOX Business host Cheryl Casone discusses a new LendingTree report on the rising cost of raising a child in the U.S. The report highlights an average cost of $303,418 over 18 years, a 27.8% increase since 2023.

Cheryl Casone, FOX Business host, reveals that raising a child in the U.S. now costs over $300,000, a nearly 30% increase since 2023. She explains that childcare costs, particularly for infants and toddlers, are a major factor, with Hawaii being the most expensive state.