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Raising Kids Jumps $26,000, Tops $310,600 Through High School

At a glance

  • A Brookings Institution estimate has found that the current cost of raising a child through high school is $26,000 more than it was two years ago.
  • “A married, middle-income couple with two children is likely to spend $310,605 — an average of $18,271 a year — to raise their youngest child born in 2015, per Brookings, which first shared the estimates to the Wall Street Journal,” Axios tweeted on Aug. 19. This is a 9% increase from what was estimated based on the inflation rate two years ago.

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