The cost of raising a child in USA by the time he graduated from high school he had made over $300,000 because of it inflationwhich is approaching a four-year high, according to Brookings Institution estimates.

According to the same data, a middle-income couple with two children spends $310,605, or an average of $18,271 per year, to raise a child born in 2015 until the child is 17 years old.

These calculations are based on an earlier US government estimate adjusted for inflationary trends. The value appears to have risen by a total of $26,011 (or more than 9%), according to data based on inflation rates over the past two years, before the economy was hit by rapid price increases, according to the Brookings Institution.
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For Mafi Mendoza, high inflation has caused her family to cancel some of their summer plans due to punctuality.

Economists report that black American families are more exposed to fluctuations in inflation.

In addition, the researchers found that these households face heightened price uncertainty, which can make it difficult for these households to estimate how much of their needs they can cover with their earnings.

^{Source: Wall Street Journal}