Kids are pricy

Americans with young children report significantly higher spending

This article was published on 03.13.14

We’ve all heard that children are expensive, but a new Gallup survey backs up that long-held belief. According to the pollster, on average, American parents spend $29 more daily than those without younger kids. Those in all income brackets reported greater spending. Here’s the average reported by parents when asked, “How much money did you spend or charge yesterday on all types of purchases you may have made, such as at a store, restaurant, gas station, online, or elsewhere?”

Average daily spending

Do not have children under age 18 $79

Have children under age 18 $108

Difference $29