For many American couples, one of the most challenging financial questions arises soon after childbirth: is it financially viable for one parent to leave their job and stay home with the children?

This idea is considered by many families as childcare costs continue to climb in the US. A recent analysis by SmartAsset, utilizing the Massachusetts Institute of Technology (MIT) "living wage" calculator, indicates that single-income households will face greater difficulties in 2026 than ever before.

The analysis identifies the minimum income an American worker needs to earn to support a household where a partner stays home with a young child. The calculator aggregates essential expenses such as housing, food, healthcare, and transportation, while excluding non-essential items like entertainment.

The findings reveal that the feasibility of one parent staying home to care for children varies significantly by state. However, even if financially manageable, this decision often carries long-term implications that require careful consideration.

A family walks in Mud Island Greenbelt park in Memphis, 26/1. *Photo: AP*

Hawaii is considered the most challenging state for families with one stay-at-home parent. In Hawaii, the working parent must earn at least 102,773 USD per year to support a three-person household on a single income.

Massachusetts, California, New York, Connecticut, and Washington are also among the most expensive states, where three-person families relying on one income need over 90,000 USD.

West Virginia offers more financial flexibility, with an annual income of 68,000 USD allowing one parent to stay home. However, the average income in West Virginia is lower than the national average.

A major reason many families consider having one parent stay home is the escalating cost of childcare. According to the Economic Policy Institute, full-time childcare expenses exceed public college tuition in 38 states and Washington, D.C.

However, eliminating childcare costs does not automatically make a single-income model financially effective.

US soldiers hold their young children in Wahiawa, Hawaii, 2011. *Photo: AFP*

In Hawaii, a family with both parents working needs an income of approximately 115,814 USD per year to cover basic expenses, including childcare. This figure is only about 13,000 USD higher than the amount required for a single-income model.

Meanwhile, the median household income in Hawaii is approximately 98,000 USD, according to the Census Bureau. This means many families do not reach the necessary income, regardless of whether one or both parents work.

Leaving the labor market for an extended period can have lasting consequences for young parents, particularly concerning income and career advancement opportunities, as shared by Emily Green, director of wealth management at Ellevest.

Women are disproportionately affected. According to the Pew Research Center, about 84% of individuals who choose to stay home to care for children are women. This often leads to career interruptions, missed pay raises, and delayed retirement savings.

Duc Trung (Based on CNBC News, ABC News, AP)