Markets

Insider Trading

Hedge Funds

Retirement

Opinion

25 Most Expensive Countries in the World to Raise a Child

In this article, we will look into the 25 most expensive countries in the world to raise a child. If you want to skip our detailed analysis, you can go directly to the 5 Most Expensive Countries in the World to Raise a Child.

Cost of Raising a Child

According to a report by The Motley Fool, the total cost of raising a child in the United States is approximately $300,000 till the age of 17. A middle-income family spends an average of $233,610 to raise a child until age 17, without considering inflation. Assuming 4% inflation, the annual expenses of raising a child surpass $15,000 at the age of 8 years. It further increases by over $20,000 annually when they turn 14. A total cost of $25,000 is spent annually when a child turns 17 according to the USDA.

Housing and living cost is one of the major expenses of raising a child in the United States. Housing expenditures account for 28% of the total income in middle-income families, according to the USDA. Food is the second major expense, followed by education, healthcare, and other expenditures. High-income families spend a larger portion of their budgets on childcare and education as compared to low and middle-income families.

Global Childcare Market

The overall child-rearing cost encompasses multiple expenses including housing, food, education, healthcare, and childcare. A significant portion of a family’s budget goes to childcare expenses, especially for those with multiple children. According to a report by Mordor Intelligence, the global childcare industry was worth $209.92 billion in 2022. The market is expected to grow at a CAGR of 10.10% and reach $339.62 in 2028. The growth is driven by the rising number of single parents, increasing demand for early childcare education, and growing adoption of new learning technologies.

The daycare and early education segment is expected to experience significant growth over the forecasted period. The growth can be attributed to the increasing development of advanced learning techniques, growing government initiatives, and rising funding. Duolingo, Inc. (NASDAQ:DUOL) is one of the top companies offering education products for children. In March 2023, Duolingo, Inc. (NASDAQ:DUOL) launched an app to help children learn to read and write in English. The app offers over 700 lessons to children aged 3 to 8 years. Duolingo, Inc. (NASDAQ:DUOL) also committed $1 million for early childhood care and education for the Pittsburgh community in September 2023.

Bright Horizons Family Solutions Inc. (NYSE:BFAM) is a leading childcare and early education services company. On November 27, Bright Horizons Family Solutions Inc. (NYSE:BFAM) announced that it will be hosting the Spark Summit, the inaugural research-to-practice event of the National Center for Early Education Excellence at Bright Horizons. The summit is a free on-demand conference for educators and families that will include two tracks, one for families and one for educators. Attendees can choose their preferred track that will allow them to learn at their own pace. The summit will have sessions educating attendants on various research topics covering behavior, resilience, executive function, early math, language development, and more. Bright Horizons Family Solutions Inc. (NYSE:BFAM) is at the forefront of providing childcare services and products.

Global Pediatric Healthcare Market

Another major cost that contributes to child-rearing expenses is healthcare. The US spends a significant amount per capita on pediatric healthcare, more than any other country. The global pediatric healthcare market benefits from rising income and government spending. According to a report by Market Research Future, the global pediatric healthcare market is expected to reach $45.13 billion in 2023. The market is expected to grow at a CAGR of 7.02% and reach $63.35 billion by 2028. The growth can be attributed to the rising chronic illnesses among children, increased awareness of parents, and a rise in the number of pediatricians. Growing research and development activities are also anticipated to contribute to the growth of the market. Some of the top companies in the pediatric healthcare market include Novartis AG (NYSE:NVS) and The Procter & Gamble Company (NYSE:PG).

Novartis AG (NYSE:NVS) is a leading company in the healthcare sector, specializing in innovative medicines. On October 6, Novartis AG (NYSE:NVS) announced that the FDA approved the intravenous formulation of Cosentyx, which is used to treat adults and children with moderate to severe plaque psoriasis (PsO). The IV formulation is now available for use. It can be used for the treatment of active psoriatic arthritis (PsA) in people aged 2 years and older.

The Procter & Gamble Company (NYSE:PG) is a leading multinational company, with many pediatric healthcare products. Pampers is a leading diaper brand of the company that is also available in different variations for children with sensitive skin. On October 19, The Procter & Gamble Company (NYSE:PG) launched Pampers Swaddlers, the biggest innovation in the brand since 2018. The revamped Pampers Swaddlers feature the new Blowout Barrier. The new Blowout Barrier helps prevent leakage and rashes and helps keep the skin dry and healthy.

Now that we have talked about the major cost factors leading to expensive childcare and discussed the markets benefiting from it, let’s look at the 25 most expensive countries in the world to raise a child.

25 Most Expensive Countries in the World to Raise a Child

Methodology

To rank the 25 most expensive countries in the world to raise a child, we utilized 3 metrics including the cost of living index, the healthcare price index, and the education price index. We sourced our data from The GlobalEconomy.com.

Firstly, we sorted our list based on the cost of living index and formed a list of the top 50 countries. We then employed our other two metrics and calculated the Insider Monkey rating to rank our countries.

We assigned scores to all three rankings as follows:

Countries ranked 1-5: 10

Countries ranked 6-10: 9

Countries ranked 11-15: 8

Then, we calculated a weighted average, assigning 60% weight to the cost of living index, 20% weight to the healthcare price index, and 20% weight to the education price index. Finally, we ranked the 25 most expensive countries in the world to raise a child in ascending order of the final calculated score

25 Most Expensive Countries in the World to Raise a Child

25. Uruguay

Cost of Living Ranking (2017): 26

Healthcare Price Ranking (2017): 34

Education Price Ranking (2017): 24

Insider Monkey Rating: 5 out of 10

Uruguay is ranked 25th on our list of the most expensive countries in the world to raise a child. According to the Global Economy Ranking, Uruguay is ranked 26 on the cost of living ranking, hence exhibiting high costs of raising a child.

24. France

Cost of Living Ranking (2017): 21

Healthcare Price Ranking (2017): 30

Education Price Ranking (2017): 30

Insider Monkey Rating: 5.6 out of 10

France is a rich country in culture and heritage and offers a high standard of living. According to the Global Economy ranking, it is ranked 21 on the cost of living ranking, making it an expensive country to raise a child.

23. Italy

Cost of Living Ranking (2017): 25

Healthcare Price Ranking (2017): 31

Education Price Ranking (2017): 20

Insider Monkey Rating: 5.8 out of 10

Italy ranks 23rd on our list with a cost of living ranking of 25 according to the Global Economy ranking. Italy also has a relatively expensive healthcare and education system compared to other countries.

22. Germany

Cost of Living Ranking (2017): 24

Healthcare Price Ranking (2017): 25

Education Price Ranking (2017): 28

Insider Monkey Rating: 5.8 out of 10

Germany is an expensive European country with a high standard of living. It is ranked 22nd on our list with a high cost of living represented by its rank on the Global Economy ranking.

21. Hong Kong

Cost of Living Ranking (2017): 29

Healthcare Price Ranking (2017): 15

Education Price Ranking (2017): 16

Insider Monkey Rating: 6 out of 10

Hong Kong ranks among the most expensive countries in the world to raise a child. According to the Global Economy Ranking, it is ranked 29th on the cost of living index. It is among the top 20 countries on the Education and Healthcare Price Index.

20. Canada

Cost of Living Ranking (2017): 18

Healthcare Price Ranking (2017): 16

Education Price Ranking (2017): 23

Insider Monkey Rating: 6.8 out of 10

Canada offers a high standard of living and hence, is an expensive country to live in. Housing, transportation, and healthcare are some of the major expenses in the country. According to the Global Economy ranking, it is ranked 18 on the cost of living index.

19. Austria

Cost of Living Ranking (2017): 22

Healthcare Price Ranking (2017): 8

Education Price Ranking (2017): 17

Insider Monkey Rating: 6.8 out of 10

Austria being a popular vacation country in Europe with its rich history and cultural heritage, is an expensive country to visit and live in. According to the Global Economy Ranking, Austria is ranked 22 on the cost of living index and has a higher cost of living than the average.

18. Japan

Cost of Living Ranking (2017): 15

Healthcare Price Ranking (2017): 26

Education Price Ranking (2017): 25

Insider Monkey Rating: 7 out of 10

Japan is a country of modern and vibrant cities, offering a high standard of living to its residents. It is considered an expensive country compared to other developed countries. According to the Global Economy ranking, it is among the top 15 countries on the cost of living index.

17. Netherlands

Cost of Living Ranking (2017): 19

Healthcare Price Ranking (2017): 21

Education Price Ranking (2017): 15

Insider Monkey Rating: 7 out of 10

The Netherlands ranks 19th on our list with an overall high cost of living, and expensive education and healthcare. High housing and food costs are some of the factors that make the Netherlands an expensive country to raise a child in.

16. Belgium

Cost of Living Ranking (2017): 20

Healthcare Price Ranking (2017): 13

Education Price Ranking (2017): 22

Insider Monkey Rating: 7 out of 10

Belgium ranks among the most expensive countries in the world to raise a child. According to the Global Economy Ranking, it is ranked 20 on the cost of living index.

15. New Zealand

Cost of Living Ranking (2017): 9

Healthcare Price Ranking (2017): 31

Education Price Ranking (2017): 27

Insider Monkey Rating: 7.2 out of 10

New Zealand is an island country in the southwestern Pacific Ocean. It is a popular tourist destination and offers a high standard of living. According to the Global Economy Ranking, it is ranked 9th on the cost of living index.

14. United Kingdom

Cost of Living Ranking (2017): 16

Healthcare Price Ranking (2017): 14

Education Price Ranking (2017): 19

Insider Monkey Rating: 7.2 out of 10

The United Kingdom is known to be an expensive country. According to the Global Economy ranking, it is ranked 16th on the cost of living index. High housing and food costs are some of the major contributors to its high cost of living.

13. Finland

Cost of Living Ranking (2017): 14

Healthcare Price Ranking (2017): 24

Education Price Ranking (2017): 12

Insider Monkey Rating: 7.6 out of 10

Finland boasts a high standard of living, with access to high-quality education and healthcare. According to the Global Economy ranking, it is ranked 14 on the cost of living index.

12. Ireland

Cost of Living Ranking (2017): 11

Healthcare Price Ranking (2017): 27

Education Price Ranking (2017): 9

Insider Monkey Rating: 7.6 out of 10

Iceland ranks 12th on our list with a cost of living ranking of 25 according to the Global Economy. Iceland also has a relatively expensive healthcare and education system as compared to other countries.

11. United States

Cost of Living Ranking (2017): 17

Healthcare Price Ranking (2017): 4

Education Price Ranking (2017): 7

Insider Monkey Rating: 8 out of 10

The United States is one of the most expensive countries to raise a child. According to USDA, it costs $300,000 approximately to raise a child in the US until the age of 17. According to the Global Economy Ranking, the US is among the top 10 countries with the most expensive healthcare and education. It is ranked 17 on the cost of living index.

10. Sweden

Cost of Living Ranking (2017): 13

Healthcare Price Ranking (2017): 8

Education Price Ranking (2017): 6

Insider Monkey Rating: 8.4 out of 10

Sweden is one of the most expensive European countries to live in. Its high healthcare and education costs make it one of the most expensive countries to raise a child in. According to the Global Economy ranking, it is ranked 13 on the cost of living index.

9. The Bahamas

Cost of Living Ranking (2017): 10

Healthcare Price Ranking (2017): 18

Education Price Ranking (2017): 9

Insider Monkey Rating: 8.6  out of 10

The Bahamas is a country in the Caribbean, with an expensive and high-quality lifestyle. It is ranked 10th on the cost of living index.

8. Israel

Cost of Living Ranking (2017): 8

Healthcare Price Ranking (2017): 17

Education Price Ranking (2017): 7

Insider Monkey Rating: 8.6 out of 10

Israel ranks among the most expensive countries in the world to raise a child. According to the Global Economy ranking, it is ranked 8 on the cost of living index.

7. Barbados

Cost of Living Ranking (2017): 6

Healthcare Price Ranking (2017): 11

Education Price Ranking (2017): 14

Insider Monkey Rating: 8.6 out of 10

Barbados is a captivating island country popular among tourists. It offers a high quality of life and is expensive compared to other countries, especially in the Caribbean. It is ranked 6 on the cost of living index according to the Global Economy ranking.

6. Luxembourg

Cost of Living Ranking (2017): 12

Healthcare Price Ranking (2017): 1

Education Price Ranking (2017): 10

Insider Monkey Rating: 8.6 out of 10

Luxembourg is an expensive European country with a high standard of living. It is ranked 6th on our list with a high cost of living represented by its rank on the Global Economy Ranking. Luxembourg has the most expensive healthcare in the world according to the Global Economy.

Click to continue reading and see the 5 Most Expensive Countries in the World To Raise a Child.

Suggested Articles:

Disclosure: None. 25 Most Expensive Countries in the World To Raise a Child is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…