We live in a beautiful state, but, according to this article from the Huffington Post, we also reside in a very pricey area for raising children. Connecticut is listed as the 9th most expensive state, in terms of child care bills, housing costs and several other factors.
Also, ready for a shock? Check out this paragraph!
If you’re a new parent this year, that cute bundle will cost you anywhere from $169,000 to $390,000 (in 2011 dollars) by the time they’re age 18, depending on your income level, according to data released in June by the U.S. Department of Agriculture. The report shows that housing constitutes the largest share of that expense — about a third of the total cost — followed by food, child care, education, and transportation. And that’s only what happens up to age 18; the total doesn’t include college tuition and fees, which at in-state public universities now average $8,655 a year, according to the College Board.