Comparing the Cost of 1 Child in Michigan vs Rest of the Country
Raising a child isn't for those who want sleep or money but, if you ask any most parents, they're worth it. There are times you may want to ask for a nap and a refund but, they are worth it.
Related: The 5 Most Expensive Items in Michigan Grocery Stores This Fall
If you have kids you know. If you don't have kids you know too. Take a look at your social media feed. See your single friends? Your comrades without smaller versions of themselves are on an Australian 'Walk-About' this week and next week they're going on an Italian wine tour. You know because they ask you to watch their dogs.
The Financial Reality of Raising a Child in Michigan
Deciding to bring another life into the world is a big decision and where you raise that child is part of it. Michigan is one of the most affordable states in the country to have kids.
Before we take a look at Lending Trees' estimated annual cost of raising a child in each of the 50 states, let's see what costs they took into consideration:
- Rent
- Food
- Child Care
- Apparel
- Transportation
- Health Insurance Premiums
- State
Each item above is directly impacted by having a child versus those who opted to see the world and not discover new species of fungi in their kid's room. Lending Tree only tallied the cost difference between those with children and those without.
Related: Dangerous Education: Michigan Campus Ranked 'Most Violent in US'
What US state is the most expensive to raise a kiddo in? Which 35 are more costly than Michigan' and where could you do it for less?
Ranking the Estimated Cost To Raise a Child By State
Gallery Credit: Scott Clow
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Gallery Credit: Scott Clow