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ST. LOUIS—It's no secret that raising children can be expensive, but how about a quarter of a million dollars expensive?
A govemment report released Tuesday said a middle-income family with a child born last year will spend about ＄221,000 raising that child until the age of 17.
The report by the US Department of Agriculture's Center for Nutrition Policy and Promotion identified housing as the largest single expense, followed by food and child care/education costs. The ＄221,000 in expenses rises to about ＄292,000 when adjusted for inflation.
A govemment report released Tuesday said a middle-income family with a child born last year will spend about ＄221,000 raising that child until the age of 17.
The report by the US Department of Agriculture's Center for Nutrition Policy and Promotion identified housing as the largest single expense, followed by food and child care/education costs. The ＄221,000 in expenses rises to about ＄292,000 when adjusted for inflation.
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What is the average yearly expense for a child in a middle-income American family?
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What is the largest single cost in raising a child in the USA?
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Where is the most expensive area to raise a child in the USA?
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Which cost in raising children has increased the most?
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According to Raben Andrews, what will cost a large sum of money?