A recent report published by SmartAsset highlights that although the median annual cost for raising a child across all states is $22,850, the range of costs from state to state can vary wildly, with Massachusetts being the most expensive state on the list with a whopping $36,000 per year, followed closely by Hawaii, Connecticut, Colorado, New York and California.
On the flipside, the cheapest states to raise a child was Mississippi, followed by Arkansas, Louisiana, Kentucky and Alabama.
