This is Part 2 of a 3 part series on Adoption Expenses. If you missed Part 1, you can find it here.
Have you ever wondered why adoption costs so much? If you’ve ever googled the cost, you’ve probably wondered why the cost is so high. Well, in my newest video we discuss these questions.
These are the lowest to most expensive adoption options and the reason for its cost:
- Foster Care is the least expensive option for adoption. It is funded by the government and comes out of our state taxes. This is the only kind of adoption that receives assistance from the government. Foster Care can range anywhere from $0 to $1,000.
- Private Adoption is where you do most of the work yourself. The cost is around $10,000 to $16,000. There is still a cost because services will still be needed to go through the adoption process.
Embryo Adoption which is anywhere from $12,000 to $16,000. That cost mostly comes from the medical procedures.
- International Adoption costs range from $25,000 to $50,000. The cost mostly comes from traveling to the country where the adoption takes place.
- Adoption with a Consultant can cost $45,000 to $50,000. The main cost comes from paying the professional that the consultant connects you with to complete your adoption process.
- Agency Adoption may be the most expensive option as costs range from $20,000 to $70,000. The majority of this cost is for the fees from the adoption agency.
I hope you feel more educated on the adoption costs and the reasons for the cost. Whichever adoption avenue you choose, I will be happy to help you. Stay tuned for next week’s video which is focused on, “How to afford the costs of adoption?”
See you next week!