Inflation Costs for Nevada Families  

The cost of raising a child through high school has risen $26,000 in the last two years, according to a recent Brookings Institution report. 

Axios tweeted on Aug. 19, “A married, middle-income couple with two children is likely to spend $310,605 — an average of $18,271 a year — to raise their youngest child born in 2015, per Brookings, which first shared the estimates to the Wall Street Journal.” 

Corresponding to the U.S. Congress Joint Economic Committee’s State Inflation Tracker for July 2022, Nevada is facing a 15.4 percent inflation rate. On Aug. 10, the U.S. Bureau of Labor Statistics (BLS) announced that the consumer price index (CPI) data for the 12 months ending July 2022 has an 8.5 percent all-items annual increase. 

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