https://www.breitbart.com/economy/2022/08/21/raising-child-costs-300000-soaring-inflation/
Report: Raising a Child Costs over $300,000
Due to Soaring Inflation
Breitbart Economy, by Ethan Letkeman
Posted By: Ribicon, 8/21/2022 11:36:31 PM
Skyrocketing inflation is increasing the burden on American parents to raise children, according to the Brookings Institution. The Wall Street Journal published the left-wing institutions’ analysis that found it can cost up to over $310,605 to raise a child in today’s economy, which works out to an average of $18,271 per year to raise a child born after 2015.(Snip)The Brookings Institution used 2017 data from the U.S. Department of Agriculture and adjusted it for current inflation. Along with food prices, the analysis looked at how other expenses contributed to soaring child-raising costs, including housing, clothing, health care, and child care, among other expenses.