Children are spending more on school materials in the United States than ever before, but the average American family’s schoolhouse has grown less expensive over the past several years.
In the next few years, the average schoolhouse price for a child aged 1 to 17 will increase by more than $1,000, according to data compiled by the nonprofit research group Education Week.
As a result, the median American family will pay an average of $7,500 more for a schoolhouse this fall than it would for the same child in 2017.
While the price tag on a school could be lower for families that already have a home, the extra expense for children living in homes or in private-school environments will increase as well.
To put that into perspective, if a family of four paid $6.95 million for a two-bedroom apartment in New York City, they would pay more than that in 2018.
This story is part of Education Week’s Schools Week series, in which Education Week explores the world’s most important schools, where kids are learning and what they’re learning about.
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