Recent Child Study List Puts New Jersey in the Top 10
How much does it cost to raise a child from birth to 18 years of age in the United States? The cost is different in every state. So, how much does it cost in New Jersey?
I think it depends on who you ask, the answer could be anywhere from “it’s a lot” to “it’s priceless.” My guess was much higher than the actual number. However, according to a recent study, the actual financial cost in dollars is rising by the minute.
A study released this month by LendingTree, took into account seven factors when it came to calculating the cost of a child. They examined to cost of food, rent, child care, apparel, transportation, health care premiums, and tax exemptions. They did not include non-essential things like sports, after-school classes, and other extra activities.
In today’s market, the estimated cost of raising a child from birth to age 18 in the United States is $237,482, according to the Lending Tree study.
2021 was the most recent data available to the study. That year the average cost of essential annual expenses for a child such as child care, clothing, and food totaled $21,681. Five years earlier, in 2016, that cost was $18,167.
New Jersey was 9th on the list with an annual cost of $25,390. Childcare was the costliest at $17,460. At number 6 New York’s total was $26,017 with a childcare cost of $18,574. At 27, Pennsylvania was significantly cheaper with a total of $20,405 and childcare at $12,152.
Mississippi is the least expensive state in which to raise kids, according to Lending Tree, coming in at an average of $15,555 per year.
Two other states in the South, Alabama, and Arkansas, follow Mississippi closely in being the cheapest places to parent in the U.S. They had an average cost of $16,192 and $16,284, respectively.
While Hawaii is known to be a beautiful place to live, it ranked as the most expensive state to raise a child, at an average cost of $30,506 per year, and a total of $314,529 over 18 years.
That makes New Jersey about $5000 less than the most expensive, and about $10,000 more than the least expensive.
Does this make you think about moving?
8 Seemingly Unreal Places to Add to Your Travel Bucket List
Antelope Canyon, Arizona
This Arizona canyon was naturally carved by rainwater streams within the sandstone. The Navajo Nation gave it the name ‘The place where water runs through rocks.’ Visit Arizona explains that the Upper Antelope Canyon tour is more frequented due to increased sunlight and towering walls reaching 120 feet. Alternatively, the Lower Antelope Canyon tour is equally remarkable, providing visitors with an immersive encounter among the swirling sandstone walls.
Grand Prismatic Spring, Wyoming
Among the world’s largest springs, the Grand Prismatic measures an expansive 370 feet in diameter, exceeding the size of a football field. Its vibrant appearance stems from bands of orange, yellow, and green that encircle the deep blue waters. These diverse colors originate from different strains of thermophile bacteria, thriving in the progressively cooler waters around the spring, as explained by Yellowstone National Park. For a bird’s-eye-like view of the Grand Prismatic, they suggest visitors follow the half-mile Fairy Falls trail to a lookout.
The Door to Hell, Turkmenistan
Located in Turkmenistan’s Karakum Desert, the Door to Hell is a large fiery crater. It emerged when a natural gas field accidentally caught fire in 1971 and has been burning continuously since then, according to National Geographic. A well-visited tourist spot, the Door to Hell permits visitors to hike down into the crater for a close view of the flames and an opportunity to experience the unique atmosphere of the site. The Door to Hell, also referred to as the Darvaza Gas Crater, is located in a rural part of the country.
Diamond Beach, Iceland
Found along Iceland’s South Coast, the Diamond Beach is a volcanic black sand shoreline adjacent to the Jökulsárlón Glacier Lagoon. Ice blocks from the glacier lagoon wash ashore after breaking into smaller pieces at sea, as mentioned in the Diamond Beach Travel Guide. The beach is also a natural habitat for seals.
Mendenhall Glacier Caves, Alaska
According to the Tongass National Forest, the Mendenhall Glacier is among the numerous expansive glaciers originating from the Juneau Icefield, an area spanning 1500 square miles of rock, snow, and ice. The glacier gradually advances under the influence of gravity, descending down the slope. Over time, it carves the bedrock and erodes during its 13-mile path until it reaches Mendenhall Lake.
Thor’s Well, Oregon
Located on the Oregon coast near Cape Perpetua, there’s a large sinkhole that appears to swallow seawater continuously, resembling a bottomless pit. According to Yachats Oregon, it’s often called the “drainpipe of the Pacific.” They explain that the well is actually a hole in the rock that gives the impression of draining ocean water. Some researchers believe this well might have started as a sea cave shaped by waves. Over time, its roof likely collapsed, creating openings at the top and bottom, which spray ocean water.
Crooked Forest, Poland
Found close to the town of Gryfino in West Pomerania, Poland, the Crooked Forest consists of 400 peculiarly contorted pine trees. As revealed by Discovery, these pine trees were planted approximately in 1930, back when the area was part of the German province of Pomerania. Starting from the ground, the pine trees exhibit a distinctive feature: they grow with a sharp 90-degree bend towards the north, before gracefully straightening up towards the sky.
Pink Beach, Padar Island, Komodo National Park, Indonesia
The beach is named for its pink sand, which comes from tiny organisms in the coral reefs nearby. Visitors can swim, snorkel, and see marine life like sea turtles and manta rays in the clear water. The beach also has great views of hills and turquoise waters.
