Hawaii most expensive state to raise children

Key findings

• Basic annual expenses to raise a child (including day care) equal $28,785 in the District of Columbia, more than any other state. Hawaii and Maryland follow at $25,828 and $25,156, respectively, while costs are lowest in Mississippi at $13,596.
• The average essential costs to raise a child jumped 25.6% nationally between 2014 and 2019. Expenses totaled $16,040 in 2014, versus $20,152 in 2019.
• Over 18 years, raising just one child in Hawaii may cost $281,597 in total — the most expensive by LendingTree’s projections. Michigan parents may spend the least on raising a child, with essentials totaling $157,919 over 18 years.
• READ FULL STORY