Inflation led to diaper price increases. Photo: Bess Adler/Bloomberg via Getty Images
Parents and caregivers in Florida and Maryland are getting a tax break on diapers, starting Friday. Adult Girl Diapers
Why it matters: With inflation at a record 40-year high, the average cost of diapers nationwide has gone up by nearly 22% since 2018, according to NielsenIQ, a data firm that tracks consumer prices, Boston public radio station WBUR reports.
The big picture: Children require at least 50 diaper changes per week or 200 diaper changes per month, according to the National Diaper Bank Network.
Details: Florida has approved a variety of sales tax holidays and the yearlong holidays on diapers as well as clothes and shoes for kids under 5 are expected to save $120.4 million through June 30, 2023.
Women's Bladder Protection Underwear What's next: The city of Denver is eliminating the sales tax on all diapers and adult incontinence products, effective Oct. 1, Axios Denver's Esteban L. Hernandez reports. Colorado will eliminate the state tax starting Jan. 1.