2012
05.10

The cost of raising a child from birth to age 17 has increased 25 percent over the last 10 years, due largely to the rising cost of groceries and medical care, according to the Department of Agriculture. Health care costs were actually the fastest-rising expense over the past decade, up 58 percent for an average family. The report shows that a middle-income family with a child born in 2010 can expect to spend roughly $227,000 to raise that child — $287,000 when projected inflation is factored in — which doesn’t include the cost of college.

Cost Of Raising A Child

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