New York is one of the most expensive states to raise a family. Core necessities such as housing, child care, food, healthcare, and transportation consume a growing share of household income, especially for low- and middle-income families. These rising costs are driving many families to leave the state in search of more affordable living conditions. High costs of living also contribute to persistent child poverty, with New York home to three of the ten U.S. cities with the highest child poverty rates. Addressing these challenges requires bold, family-centered policies that ease cost burdens and promote economic stability.