EUGENE, Ore. – A new report shows it takes more than $77,000 a year for a couple to raise two kids in Oregon, regardless of where they live.
In the lowest-cost county in Oregon, Morrow County, a couple raising two children would need more than $77,000 a year to have economic security. The report found that would provide a modest yet adequate standard of living.
This is much higher than the federal poverty line for a family of four, which is $24,600.
In the most expensive places in the state, Clackamas and Washington counties, a single parent with one child would need about $72,000 per year for that child.
Even a single, childless adult would need to make about $46,000 to be economically secure while living in those areas.
An analyst said Oregon has some of the nation’s most expensive child care.
The report did not factor in public benefits, including federal healthcare subsidies. It also didn’t account for health insurance costs paid by employers.
To calculate the income your family needs to be economically secure in your area, click here.