The total cost of raising a minor in Spain is 1,567 euros per month, which represents 118% of the base salary (1,323 in 12 payments), according to a study by Fundación Madrina.
«Raising a child in Spain has become an economic challenge for many families. According to our study, the expenses associated with raising a child from birth to 7 years of age significantly exceed the European average, which is affecting the decision to have children and the quality of life of families,” laments the Foundation. Godmother.
As for babies, Fundación Madrina adds that the monthly cost is approximately 352.70 euros. Specifically, he points out that 68 are in formula, 15 in diapers, 60 in baby food and 10 in cereals, to which are added nearly 50 euros for clothing and footwear costs. It also adds 150 euros in education or daycare and 120 in vaccines.
It also refers to the investment of a carrier (100 euros minimum) and a baby stroller (200 euros minimum). “The annual cost could skyrocket to 4,532.4 euros in the first year of life of the child up to two years of age,” he warns.
According to the study, the cost of maintaining children from two to seven years old grows by 23.7%, reaching 448 euros per month. These indicate that there are 146 euros in food expenses, 92 in hygiene and belongings, 20 in clothing and footwear, 30 in leisure and toys and 150 in school expenses.
Pay rent or feed the child
In this sense, he explains that there are families who must decide between paying the rent, which represents 60% of the salary, or paying for child support. Education and school supplies ensure that 26% of the costs remain, and health and transportation add up to 3% of the costs.
Likewise, the Foundation warns that the high cost of raising a baby has “various social implications,” such as the decrease in the birth rate. “In this sense, the high cost of parenting has discouraged many couples from having children, contributing to the decrease in the birth rate in Spain,” he emphasizes.
Likewise, he warns about the “difficulties and economic burdens” that raising their children presents to families, which he adds means that for many of these families, at least one in four have to decide monthly between feeding their children or paying the rental of housing.
Furthermore, it says that the extra cost of parenting also generates “great social inequality” between families, “generating inequalities in children’s opportunities in at least one in four families.”
For this reason, Fundación Madrina calls for an expansion of financial aid to families, a reduction in the price for the acquisition of children’s food and hygiene products, an improvement in public education and child care services, and guaranteeing access to places in quality nurseries and nursery schools and greater investment in conciliation,
Solutions so that all children have the same opportunities
“It is essential that public institutions, companies and civil society work together to find solutions to this problem and guarantee that all children have the same development opportunities, regardless of the economic situation of their families,” he highlights.
The entity considers that the administration should assume the cost of school supplies and meals for children from vulnerable families. “This cost increases throughout the year, and families will spend an annual average of 2,484.82 euros on going back to school, and food represents 71% of this cost, especially fruit,” he explains.
Finally, regarding the cost of school supplies, Fundación Madrina indicates that, including all expenditure concepts, it represents a limit of 2,484.82 euros per child per year for each family.
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