No wonder I’m broke. No wonder all of us New Jersey parents are broke. It’s all making sense now.

You know having and raising kids is expensive. Not only the obvious things like food, clothing, higher health insurer premiums for ‘family plans’, etc... Also the more insidious things like the more bedrooms needed, the bigger mortgage or rent.

When kids are school age, you seek a town where schools are better which means you’re likely paying higher property taxes in support. On and on. Yet we who wanted kids try not to think about the money. It’s like we’d rather not know.

If you don’t want to know, stop reading.

Not buying / too expensive to purchase / money / bill

Your kids are draining you

A study just out by Smart Asset shows New Jersey is the 13th-most expensive state to raise a child. Per year one kid costs you an extra $4,054 a year in housing costs. $2,068 annually per kid for food. $13,674 per year for childcare.

When added all up, raising one kid in New Jersey averages $26,870 per year. If your jaw just hit the floor I’m right there with you. Because I have four kids. So $107,480 a year?

This is insane.

Yet as bad as this seems it could have been worse. New Jersey is a notoriously expensive state and one might have guessed the cost would have been even higher.

Flying Money

It is in 12 other states

Nevada (#12) is marginally higher at $26,914 and Vermont (#11) costs $27,170.

Here are the Top 10 most expensive states to raise a kid.

  1. Massachusetts: $35,841
  2. Hawaii: $35,049
  3. Connecticut: $32,803
  4. Colorado: $30,425
  5. New York: $30,247
  6. California: $29,468
  7. New Hampshire: $27,849
  8. Washington: $27,806
  9. Rhode Island: $27,630
  10. Minnesota: $27,406

For our comparison shoppers out there, the current average cost of a vasectomy is $1,580.

Items now too expensive for NJ so spend money on

Buzzfeed recently conducted a survey that asked folks what they're cutting back on in an effort to try and save money. Although not everything on that survey relates to New Jerseyans, the ones that mainly do are listed below.

Gallery Credit: Mike Brant

THAT'S SUS! Slang kids and teens now say and what the heck it means

According to a comprehensive list from, these are some of the slang words and phrases kids and teenagers are using today that some older generations might not understand.

Gallery Credit: Mike Brant

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