The cost of raising a child in America has soared (2018)

Child care has become one of the most expensive costs that a family bears. Yet despite the costs associated with having a child, many parents report overall satisfaction with their marriage and family life. Considering the high costs of having of a child, coupled with the tension in balancing family-work life matters, states and companies are starting to invest in family support policies, parental benefits and competitive education.

Source: www.marketwatch.com