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Consider This from NPR

Raising kids is costly; Tariffs will make it even more expensive

Consider This from NPR

NPR

Society & Culture, News, Daily News, News Commentary

4.1 β€’ 5.3K Ratings

πŸ—“οΈ 17 April 2025

⏱️ 11 minutes

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Summary

When it comes to the cost of raising a child from infancy to the age of 17 in the United States – it's hard to settle on a precise figure.

There's one thing we do know – it's going to be expensive.

By some estimates, raising a kid, who was born in 2015, could cost a middle class family close to $320,000 over 17 years.

That money goes to childcare, healthcare, food, clothes, education, transportation, activities, toys, and a lot more. All of those things will be affected – one way or another – by the Trump administration's tariff policy.

And the companies that sell products geared at those raising kids – they're going to feel the pinch as well. One CEO argues it could even mean certain products will become unavailable.

Being a parent in the U.S. is already expensive. Slapping tariffs on the products kids use could make it more so.

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Transcript

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0:00.0

When it comes to the cost of raising a child, from infancy to the age of 17, in the United States, it's hard to settle on a precise figure.

0:10.0

There's one thing we do know, it's going to be expensive.

0:13.0

In 2017, the U.S. Department of Agriculture's Food and Nutrition Service put out a number,

0:20.0

it estimated that a middle-income two-parent

0:23.0

family with two children could expect to spend close to $14,000 per year to raise one child

0:30.2

born in 2015. Now, add that up over the course of 17 years and you are north of $233,000. Again, those figures are from 2015.

0:41.6

Adjust for inflation and raising a kid to adulthood could cost a middle-class family close to

0:47.9

$320,000. That money goes to child care, health care, food, clothes, education, transportation, activities, toys, and a lot more.

1:00.9

And all of those things will be affected one way or another by the Trump administration's tariff policy.

1:07.8

Meaning, if these tariffs stick around a while, the cost of raising a child in the U.S.

1:13.0

just got even more expensive. And for the companies that sell products geared at raising

1:18.4

those kids, they're going to fill the pinch as well.

1:21.8

Our whole industry has stopped ordering products from China due to the 145% tariffs.

1:27.7

That is Stephen Dunn, CEO of Munchkin, Inc., a U.S.-based company selling juvenile and

1:34.8

maternal products. Think sippy cups, bath toys, breast pumps. So consider this. Being a parent

1:41.8

in the U.S. is already expensive. Slopping tariffs on the products kids use could make it more so.

1:53.2

From NPR, I'm Mary Louise Kelly.

1:59.1

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2:18.7

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