The rate of inflation continues to be much lower than normal … unless you're raising kids.
Feeding, housing, caring and clothing the next generation of Americans can be the costliest household expense. According to Babycenter.com, moms estimate they average $13,248 a year caring for one child. It's more expensive in the East, where the average is $14,310. It's cheaper in the Midwest, at $12,171, but that's still over $1,000 a month.
Child care costs exceed rent for nearly five out of six families, according to the Economic Policy Institute. In Binghamton, New York, the monthly cost of caring for two kids exceeds the average rent by $1,300. The institute determined that in America, a two-parent, two-child family needs to earn $63,741 a year "to secure an adequate but modest living standard." After looking at all kinds of combinations of family units and averaging the numbers, here are EPI's most expensive cities for raising kids.