States That Spend The Most On Their Kids!

posted by Amy James - 

A survey of more than 1,000 Americans by OppLoans finds the average American is shelling out $9,470 per child every year, although that number could go up or down depending on where you live. 

For example, parents in Washington, DC are spending the most on their kids, $17,920.50 a year, while those in Montana only spend about $2,000 a year on their children.

Mother Goals! πŸ™πŸ’―πŸ’Ž

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States Where Parents Spend The Most On Their Kids

  1. Washington DC - $17,921

  2. North Carolina - $17,666

  3. Iowa - $17,200

  4. New Jersey - $16,649

  5. New Hampshire - $14,150

  6. New York - $13,399

  7. Michigan - $13,303

  8. North Dakota - $13,000

  9. Illinois - $12,404

  10. Nevada - $12,333

And while you may think it’s moms that are pampering their kids the most, the survey finds that it’s actually dads who are spending the most, around $9,486 a year, which is $678 more than moms, who spend about $8,798. 

It turns out your relationship status also affects how much you spend, with married parents only spending about $8,368 a year, while single parents shell out $10,173 a year.

Source: OppLoans

Amy James

Amy James

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