SmartAsset today released a new study that finds the annual cost of raising a child in Arizona now stands at $26,624.

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Among the study’s key findings

Arizona’s average child-rearing cost ranks it No. 26 nationally.

The cost of raising a child in Arizona has increased 0.13% since 2024, relative to a national average increase of 4.5 percent.

Massachusetts is the most expensive state in which to raise a child, with the annual cost of raising a preschooler now topping $44,000.

In 2025, the average annual cost of raising a child under five in the United States reached $27,743. These costs – which cover additional housing, food, transportation, healthcare, miscellaneous items and childcare for a working couple – rose 4.5% between 202

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