Has having kids become a luxury purchase?
Rising childcare and housing bills are prompting many couples to delay or skip parenthood, with some families spending about $1,300 a month on childcare.
- A recent Credit Karma survey of 629 adults ages 18 to 45 found 71% do not expect to feel comfortable starting or expanding families within five years due to economic concerns.
- According to Care.com's 2026 Cost of Care Report, daycare now costs an average of $17,264 a year for infants, while Lending Tree estimates raising a child to age 18 costs an average of $303,418.
- Gen Z Credit Karma members face an average debt of just over $27,000, while some families delay second children to avoid overlapping daycare costs averaging around $34,000 annually.
- Some parents treat the daycare years as a "temporary squeeze," putting savings on hold; one Reddit user reported spending $4,500 monthly for two children under 2.
- Many prospective parents are delaying parenthood until they feel more financially secure, with users in online communities like "Waiting to Try" discussing savings goals such as $20,000 before attempting to conceive.
55 Articles
55 Articles
Has having kids become a luxury purchase? - The Mexico Ledger
Scroll through your social media feeds, and you’ll likely come across conversations reflecting the ambivalence a lot of people are feeling about having kids in a tough economy. Those feelings track with a recent Credit Karma survey of 629 adults ages 18 to 45. Sixty-eight percent said raising children felt financially out of reach right now, while 71% said they didn’t expect to feel comfortable starting or expanding their families within the nex…
thepampanews.com
Has having kids become a luxury purchase?
Scroll through your social media feeds, and you’ll likely come across conversations reflecting the ambivalence a lot of people are feeling about having kids in a tough economy. Those feelings track with a recent Credit Karma survey of 629 adults ages 18 to 45. Sixty-eight percent said raising children felt financially out of reach right now, while 71% said they didn’t expect to feel comfortable starting or expanding their families within the nex…
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