Foster parents receive reimbursement from the state in which they reside, resulting in a varied answer to this question, depending on geography. A median range of foster parent reimbursement is $350 per month per child. Some states pay more than this, and some pay considerably less.
It is also prudent to mention that each state arrives at foster parent reimbursement rates by first determining the estimated cost of raising a child. The overall cost of living fluctuates across the country, typically reflecting higher numbers in the most densely populated regions and lower numbers in rural areas. These figures help states determine a baseline for foster parent reimbursement payments.