Washington D.C., Dec 4, 2018 / 17:44 pm
The overwhelming majority of U.S. families with children at home worry about paying their bills each month, and the cost of raising a child today is a significant factor in deciding whether to become parents, according to a recent study.
Fifty-three percent of respondents to the 2018 American Family Survey said that the cost of raising a family today is not affordable for most people.
The survey, released last week, is the fourth annual poll of American families by Deseret News and Brigham Young University's Center for the Study of Elections and Democracy. The nationwide survey of 3,000 Americans examined attitudes toward marriage, family, and policy issues.
For both men and women who do not currently have children, the cost of raising a child was the top consideration in deciding whether to become parents, ranking ahead of current relationship status, desire to raise a child of one's own, and difficulty of balancing family and career.