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Wednesday, October 30, 2024

Texas on the high side in best places to have a baby

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According to a Wallethub.com study, the State of Texas at #28 sits just past the mid-range of a ranking of states from best to worst to have a baby. The top ten states were (in order) Vermont, North Dakota, Oregon, Hawaii, Minnesota, Kentucky, Maine, Wyoming, Iowa and Alaska. {{more}}
 
At the reverse end, starting with the worst and in order, were Mississippi, Pennsylvania, West Virginia, South Carolina, Nevada, New York, Louisiana, Georgia, Alabama and Arkansas.
 
Amount items figuring in the rankings were hospital and delivery cost, general cost of living, average doctor and nurse wages, infant death rate, number of pediatricians per 100,000, average infant cost, number of child care centers per 100,000, parental leave policies and air pollution index.
 
Average cost for delivery is $10,002 ?.
 
The average price tag for a conventional delivery in the U.S. is $10,002 and $15,240 for a C-Section. According to the International Federation of Health Plans, Americans pay the highest in the world. (In the Netherlands it is $2,824 for a normal delivery).
 
In the United States, North Dakota had the lowest cost for a normal delivery while New Mexico had the highest. The state with the lowest infant death rate was Iowa, followed by Massachusetts and Vermont. Mississippi, followed by Louisiana and Alabama, had the highest infant death rate.
 
$225,000 estimated cost of raising a teenager (newborn to 18) ?
 
The costs of raising a child until the age of 18 varies significantly with location in the U.S. but one study puts it at an estimated $225,000 and that does not include college. This is according to Ming Cui, an Associate Professor at Florida State University, College of Human Sciences. She says this breaks down into housing, food, transportation, clothing, health care, education along with other costs. She said another cost not consider in this grouping is what she calls ?opportunity cost?. This is the potential loss of income of income when one parent quits to become a fulltime at home.

Find out more at WalletHub.com

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