California is home to half of the nation’s 20 most expensive places to raise a family. SmartAsset’s Jaclyn DeJohn analyzed data from the MIT Living Wage Calculator, considering factors like childcare, housing, food, transportation, and medical costs, to determine the average annual cost of raising one, two, or three children under 4 for two working adults in 381 metropolitan areas. The following are the top 10 most expensive areas to raise children in the United States:
1. Ann Arbor, Michigan ($30,354)
2. San Francisco ($30,062)
3. San Jose ($28,943)
4. Kalamazoo-Portage, Michigan ($28,758)
5. Barnstable, Massachusetts ($28,708)
6. Boston ($28,639)
7. Trenton, New Jersey ($27,395)
8. Santa Cruz ($27,098)
9. Detroit ($26,475)
10. Boulder, Colorado ($26,271)
Additional cities on the list include Napa, Santa Rosa, Ventura County, San Diego, Los Angeles-Orange County, Worcester, New York, Santa Maria-Santa Barbara, Pittsfield, and San Luis Obispo. For the full list and the methodology used for the rankings, visit smartasset.com/data-studies/second-third-child-costs-2023.
It’s interesting to note that Michigan and Massachusetts also have costly areas for raising children. This report helps shed light on the financial realities of starting and nurturing a family in different parts of the country.+
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