How much does it cost to raise a child in the US? Recent headlines about it costing $300,000 are true enough, but that big number might make you feel nostalgic for the past. By most measures of income it's now cheaper to raise a child than at almost any point since 1960.
The Cost of Raising a Child
Raising kids is expensive. As an economist, we’re used to thinking about cost very broadly, including the opportunity cost of your time. Indeed, a post I wrote a few weeks ago focused on the …
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