The Cost of Raising A Child
It’s Not Cheap, But Totally Worth It
July 18, 2016 by Mark Dye
Raising a child isn’t easy—nor is it cheap. The United States Department of Agriculture (USDA) compiles a report each year that looks at just how much it costs to raise a child in America. Short version: It varies from region to region, and amongst single- and dual-parent households, but will cost an average of nearly a quarter of a million dollars by age 18. The following infographic breaks down the numbers, and even takes a look at some previous results.
Want to know how much it will cost you, specifically? The USDA has a calculator you can use to figure out your child rearing costs.