These Colorado Cities Cost More Than National Average to Raise Children
Aug 4, 2023, 10:37 AM
PRODUCTION - 28 April 2023, North Rhine-Westphalia, K?ln: TV presenter Esther Sedlaczek (r) blows soap bubbles with children at a playground. Sedlaczek hosts the ARD Saturday evening show "Frag doch mal die Maus. Photo: Oliver Berg/dpa (Photo by Oliver Berg/picture alliance via Getty Images)
(Photo by Oliver Berg/picture alliance via Getty Images)
We all know that raising a child is expensive, but it’s actually more expensive in some Colorado cities than anywhere in the country.
In a new survey, they found that three Colorado cities/areas are higher than the national average.
In fact, the average annual cost of raising a child in the Denver-Aurora-Lakewood metro is now the 21st most expensive.
The study looked at such factors as; the costs for housing, food, childcare, health care and other necessities across 381 metro areas when a family with two working adults adds one, two or three children into their budget.
Here are the most expensive areas in Colorado to raise a child:
- Boulder’s costs are high at $26,271 annually – 10th Highest Nationwide
- Denver Metro Area – annual cost of raising a child is $23,803 – ($5,000 more than the national average).
- Fort Collins, the cost of a child is $22,962 annually.
Read the rest of the study here
-Melissa
