Recent studies reveal that raising boys is more expensive than parenting girls. Researchers claim that boys would easily break their toys requiring parents to either have them repaired or replace them.
MarketWatch said that a survey conducted by Halifax Bank revealed that raising boys would cost parents $1,700 more per year than having girls. It disclosed that baby boys would not only destroy toys but also damage their clothes.
Parenting blogger Cherie Corso also claimed that boys eat more than girls so parents would spend more on their groceries or meal purchases. They are also more active in sports which would also require money and investment, MarketWatch added. Similarly, the report said that a MoneyTips survey found that this is one area parents would really shell out money for their little boys.
Meanwhile, Cheat Sheet claimed that insurance and healthcare are more expensive for boys than for girls. It was discussed that men are more prone to illnesses than women and this will mean more medical bills to settle. As for insurance, the same report mentioned that it is also more costly for boys but not too much.
Daughters are also proven to help their parents when they reach the legal age. Cheat Sheet said they would usually offer financial assistance or services to their moms and dads without asking for anything in return. "Some believe that these tendencies begin as children when more boys than girls are reported to get an allowance," the reports revealed.
However, MarketWatch claimed that raising girls can also be costly because their clothes are more expensive than that for boys. The New York City Department of Consumer Affairs said in a 2015 study that a girl's clothing is 4 percent pricier than the wardrobe for boys.
It added that toys for girls also appear to be more expensive than toys for the boys. MatketWatch said the price of the toys could even be double than the boys' toys.
