How much does it cost to raise a child in 2026?

Families face significant expenses when raising children. A recent report puts the cost of raising a child through age 18 at $303,418. This amount has increased by nearly 28% in three years.

The expenses start early, with daycare and childcare costs being a significant factor.

Further details on the breakdown of costs are available, including the expenses associated with different stages of childhood, such as college.