Tango Bango

Tango Bango

Tami Baribeau  //  20 something female, work in the virtual world/web industry, passionate about online gaming and communities. MMO gamer, horse lover, singer, hobbyist artist. I have a gaming blog here and I post random things all over the internet. I'm not that interesting.

Oct 5 / 8:48pm

The Higher Lifetime Costs of Being a Gay Couple

Our goal was to create a hypothetical gay couple whose situation would be similar to a heterosexual couple’s. So we gave the couple two children and assumed that one partner would stay home for five years to take care of them. We also considered the taxes in the three states that have the highest estimated gay populations — New York, California and Florida. We gave our couple an income of $140,000, which is about the average income in those three states for unmarried same-sex partners who are college-educated, 30 to 40 years old and raising children under the age of 18.

Here is what we came up with. In our worst case, the couple’s lifetime cost of being gay was $467,562. But the number fell to $41,196 in the best case for a couple with significantly better health insurance, plus lower taxes and other costs.

This is crazy. In addition to the emotional costs, check out this article for a financial breakdown on just how much more a gay couple's life will cost than a heterosexual couple. Looks at raising children, health care, taxes, and financial planning. Pretty interesting stuff.

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