The Balance: The hidden cost of sending kids to ‘good’ public schools

It could cost you hundreds of thousands of dollars (gulp) to send your kid to public school — and that’s above and beyond the costs for things like supplies and extracurricular activities.

The reason: Homes in good public school districts — defined as districts with a minimum of one public school in which student test scores were at least one-third higher than the state average — cost 77% more than homes in average or below-average districts, according to data from real-estate research firm ATTOM Data Solutions.

The average home cost $427,402 in a good school district in July 2016, compared with $241,096 for other districts.

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