A study found Maryland is the third most expensive state to raise a child. Here's how much it costs.
LendingTree said Maryland is one of six states above $300,000, as daycare, rent and transportation push child-rearing expenses higher.
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4 Articles
Maryland is the third most expensive state in the country to raise children, with a projected cost of $326,360 over the course of 18 years, according to LendingTree’s annual report released today. The first five years alone cost a family an average of $36,419 a year, a figure that rose 15% over the previous year and that only exceeds Hawaii in the national ranking. Income, baby care and transportation top the bill.The numbers that explain the pr…
Study Shows Maryland Is One Of The Most Expensive States To Raise Kids
Source: rarrarorro / Getty A new report from LendingTree highlights just how expensive it is to raise a child in Maryland, and the state now ranks even higher than previously reported. According to the company’s 2026 analysis, Maryland is the second most expensive state in the country to raise a child. Families are projected to spend about $326,360 over 18 years, placing the state among a small group where total costs exceed $300,000. Nationwide…
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