Minimum acceptable standard of living impossible for many families, the public says cost of a child jumps to 贈166,000
High inflation pushed the cost of raising a child to 贈166,000 for a couple and 贈220,000 for a lone parent in 2023 but the enduring impact of benefit cuts and ongoing price rises have left many parents unable to give their children what the public says is a minimum acceptable living standard, new research shows.