5 places in America where being a parent won't leave you broke — and 5 where it might

  • The average American family will spend $233,610 to raise a child through age 17, according to data from the US Department of Agriculture.
  • But that figure can fluctuate — becoming more or less affordable — when you consider cost of living and wages in different parts of the US.
  • The states where raising a child is most affordable are in the Northeast, according to a report by Credit Loan.

Raising kids isn't cheap.

Between food, childcare, healthcare, transportation, and education costs, the average two-parent family in the US will spend a total of $233,610 to raise a child from birth through age 17, according to data from the US Department of Agriculture.

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Students cycle through the haze-blanketed town of Sampit, in Indonesia's Central Kalimantan province September 28, 2012. The haze that blanketed Sampit is believed to have originated from forest fires and land clearing for plantation use by residents, local media reported. REUTERS/Sigit Pamungkas (INDONESIA - Tags: ENVIRONMENT SOCIETY)
Students are seen on a pickup truck at the agricultural road which leads to the capital city of Cairo, Egypt, October 13, 2016. Picture taken October 13, 2016. REUTERS/Amr Abdallah Dalsh
School girls walk across a plank on the walls of the 16th century Galle fort July 8, 2009. REUTERS/Vivek Prakash (SRI LANKA SOCIETY)
Students walk near a geiger counter, measuring a radiation level of 0.12 microsievert per hour, at Omika Elementary School, located about 21 km (13 miles) from the tsunami-crippled Fukushima Daiichi nuclear power plant, in Minamisoma, Fukushima prefecture, March 8, 2012, ahead of the one-year anniversary of the March 11 earthquake and tsunami. The reopened elementary school, which is the nearest one located to the crippled nuclear power plant, had 205 students before the March 11, 2011 disasters. However, only 91 students remained following its reopening on October 17, 2011. REUTERS/Toru Hanai (JAPAN - Tags: DISASTER ANNIVERSARY ENVIRONMENT)
Elementary schoolchildren wear protective headgear as they walk to school in Tokyo April 25, 2011. Some schools in Tokyo have asked their students to wear the protective headgear on their way to school and while returning home since March 11's deadly earthquake and tsunami. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: DISASTER EDUCATION IMAGES OF THE DAY)
Primary school students walk through the ruins of a demolition area surrounding their school, after class in Zhengzhou, Henan province, January 9, 2015. Demolition and relocation started last September at the city village surrounding the school with about 700 students. The new school site will not be available for at least three years, according to local media. Picture taken January 9, 2015. REUTERS/Stringer (CHINA - Tags: SOCIETY EDUCATION TPX IMAGES OF THE DAY) CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA
A man pushes a tub carrying children as he gets them back home after school at a flooded area in Duchang, Jiangxi Province, China, June 27, 2016. Picture taken June 27, 2016. REUTERS/Stringer ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA. TPX IMAGES OF THE DAY
Students hold on to the side steel bars of a collapsed bridge as they cross a river to get to school at Sanghiang Tanjung village in Lebak regency, Indonesia's Banten village January 19, 2012. Flooding from the Ciberang river broke a pillar supporting the suspension bridge, which was built in 2001, on Monday according to Epi Sopian the head of Sanghiang Tanjung village. Sofiah, a student crossing the bridge, says she will need to walk for an extra 30 minutes if she were to take a detour through another bridge. REUTERS/Beawiharta (INDONESIA - Tags: SOCIETY) BEST QUALITY AVAILABLE
Students stand on the roof of a wooden boat as haze blankets the Musi River while they travel to school in Palembang, on Indonesia's Sumatra island, September 10, 2015. Indonesia is investigating 10 firms over worsening forest fires that have created a blanket of smog over Southeast Asia, threatening them with sanctions if they are found responsible, a government minister said on Tuesday. The thick haze from Indonesia's Sumatra and Kalimantan islands has forced the repeated cancellation of flights in the area and pushed air quality to unhealthy levels in neighbouring Singapore and Malaysia. REUTERS/Beawiharta TPX IMAGES OF THE DAY
Students use a wooden boat to cross the Bengawan Solo river to attend school in Bojonegoro, East Java province, April 7, 2015, in this picture taken by Antara Foto. REUTERS/Aguk Sudarmojo/Antara Foto ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. MANDATORY CREDIT. INDONESIA OUT. NO COMMERCIAL OR EDITORIAL SALES IN INDONESIA.
A woman accompanies some students as they wade in the shallow part of a rocky beach to their school to attend the first day of classes in Sitio Kinabuksan, Kawag village, Subic, Zambales Province, north of Manila June 1, 2015. An estimated 24 million public school students in the primary and secondary levels attend the opening of classes nationwide, local media reported. REUTERS/Lorgina Minguito TPX IMAGES OF THE DAY
Schoolchildren ride on a makeshift raft to attend the opening of classes at a remote Casili Elementary School in Montalban, Rizal northeast of Manila, Philippines June 13, 2016. REUTERS/Erik De Castro
High school students cross the Ranteangin river on their way home in Maroko village, in Kolaka Utara, Indonesia July 28, 2017 in this photo taken by Antara Foto. Antara Foto/Jojon via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. MANDATORY CREDIT. INDONESIA OUT. NO COMMERCIAL OR EDITORIAL SALES IN INDONESIA. TPX IMAGES OF THE DAY
Kashmiri children cross a damaged footbridge built over a stream, on their way back home from school in Srinagar May 11, 2012. REUTERS/Danish Ismail (INDIAN-ADMINISTERED KASHMIR - Tags: SOCIETY)
A student from "the cliff village" in Atule'er climbs newly-constructed steel ladders after school to go home for holidays, in Liangshan Sichuan province, China, November 19, 2016. The steel ladders which replaced the unsafe vine ladders shortened the time taken for the children to go home, from three hours to two. Picture taken November 19, 2016. REUTERS/Stringer ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA.
Xu Liangfan, 37, escorts students on a cliff path as they make their way to Banpo Primary School in Shengji county, Bijie city in Guizhou province March 12, 2013. Xu, who started working at the school last year, is the headmaster of the school and teaches mathematics and gym class. Located halfway up a mountain, the school has 68 students of which about 20 live in the nearby Gengguan village. Students from Gengguan have to edge their way along the narrow cliff path to go to class everyday, alongside Xu who would escort them. The path, which was carved from cliffs over 40 years ago, is the only route between Gengguan village and the school, according to local media. Picture taken March 12, 2013. REUTERS/Stringer (CHINA - Tags: EDUCATION TPX IMAGES OF THE DAY ENVIRONMENT) CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA
Saudi children of al-Fefi family walk up the stairs as they make their way to their schools through Fifa Mountain, in Jazan, south of Saudi Arabia, December 15, 2016. Picture take December 15, 2016. REUTERS/Mohamed Al Hwaity
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But that figure can fluctuate — becoming more or less affordable — when you consider cost of living and wages in different parts of the US.

Using MIT's Living Wage calculator, personal finance guide Credit Loan found the average expenses in each state for a one-parent, one-child household as well as a two-parent, one-child household. After calculating the average of those numbers, Credit Loan compared it to the U.S. Census Bureau's median income for each state to determine how much of a household's budget is spent on child-related costs.

Housing accounts for a third of the total estimated cost of raising kids, while food, childcare, and education costs make up another third of the overall budget, according to the US Department of Agriculture.

The map below shows the five states where it's most affordable to raise kids — and the five states where it's least affordable.

most and least expensive states to raise kids v2Andy Kiersz/Business Insider

In New Jersey, Maryland, and Connecticut parents can expect to put less than 60% of their total income into child-related costs. By contrast, in Nevada, Florida, and Arizona, the least affordable states to have children, child-related costs will eat up more than 80% of the household income.

The cost associated with raising children is also affected by how many kids you have and whether you're a single parent or a two-parent household. Couples tend to earn more and, as a result, spend more on their children,according to Credit Loan's analysis.

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