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Economy06:55 · 1h ago

Israeli Parents Face Million-Shekel Cost Per Child

By ניר קיפניס
Translated & summarized from Walla by baba
The story · English

Raising a child in Israel can cost up to a million shekels (approximately $270,000 USD) by the time they reach adulthood, according to an opinion piece by Reuven Castro.

The author argues that while basic needs like food, clothing, and education are partially covered by the welfare state, the "normal" parent who prioritizes their child's well-being faces escalating expenses. These costs range from strollers and clothes in infancy to university tuition and assistance with purchasing an apartment for adult children.

Castro highlights that expenses increase with age, from diapers and formula for infants to private tutoring, driving lessons, and university fees for older children. He estimates that the total cost to raise a child to the age of 25, assuming they complete a university degree and secure full-time employment, can reach seven figures.

The piece also touches upon the societal debate surrounding child-rearing choices. While some secular Israelis opt not to have children due to financial concerns and a desire to maintain their lifestyle, others choose to have many children, often relying on state benefits and the financial contributions of others. Castro expresses frustration with the latter group, feeling that responsible parents are unfairly burdened with funding the high birth rates of others, questioning the concept of "mutual responsibility" when it feels one-sided.

He suggests that this financial strain could negatively impact family life and potentially lead younger generations to leave Israel. The author concludes by expressing a personal inability to continue supporting this system, especially in the lead-up to Yom Kippur, the Jewish Day of Atonement.

Read the original at Walla
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