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Raising a Child Now Costs a Grand Total of $252,000

A new study found it now costs an average of $252,000 to raise a kid.  And that’s just to the age of 18.  It doesn’t include college.

 

A new study found that raising a child now costs an average of $252,000 in the U.S.  That works out to $14,000 a year for 18 years.  Here’s how it breaks down . . .

 

1.  Housing costs the most.  An average of $3,971 extra each year.

 

2.  Food, $2,482 a year.

 

3.  Child care and education, $2,280.  That includes day care, babysitters, and school expenses.  But not college, or private school.

 

4.  Transportation, $2,127.

 

5.  Healthcare, $1,302.

 

6.  Clothing, $795 a year.

 

7.  Miscellaneous expenses, $1,047.  That’s everything from toys to haircuts.

 

Nikki Thomas

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