Drooid Logo
Back to today’s briefing

Story perspectives

Raising Kids Costs $303K—Exceeds Median Home Price

5/11/2026

44 10 Full Breakdown

1 of 1

Story summary
  • LendingTree analysis shows U.S. child-rearing cost through age 18 is $303,418, surpassing the median home price.
  • The cost rose 1.9% from the previous year.
  • Parents spend 21.9% of household income on children, down from 22.6% in 2025.
  • Daycare costs fell 0.3% for the first five years, with Mississippi, Alabama and South Dakota under $10,000 annually, while Alaska, Kansas and Montana rose over 20% and Hawaii reached $40,342.