It now costs more than $300,000 to raise a child, or more than $18,000 a year for expenses like food, housing, haircuts and sports
A middle-income family might spend more than $18,000 a year on average, as inflation hits food, housing, haircuts and sports, Brookings analysis finds
Middle-income Americans have built up less savings, lost more in the market downturn and face higher average inflation in 2022. WSJ’s Dion Rabouin uses three key data points to explain.
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