How To Plan For The Financial Aspects Of Having Kids In Urban Areas

Have you ever walked through a city like New York and wondered how on earth people are able to afford to have kids there? I’ve met a lot of people with kids in major metropolitan cities and the national averages for childcare costs don’t even come close to their actual expenses. This can make planning for the cost of raising a child difficult. This is a discussion of some of the major costs and considerations for having children – starting from conception to kids age 18 in a metropolitan area.

Having A Kid

According to the institute for family studies, women in urban areas experience higher rates of infertility and have children later in life than their rural counterparts. A combination of these two factors increases the likelihood that the prospective parent will need to have fertility help whether IVF treatments, an egg donor, a surrogate, or adopt, which come with significant costs listed below: