Here’s How Much It Costs Now To Raise A Child In The US
Listen, we all know raising a child isn't cheap. But, have you ever wondered just HOW MUCH you're spending to bring your child into adulthood?
According to the NY Post, The Department of Agriculture estimates that to raise a child from birth to the age of 17 it will cost parents $233,610 or as much as $14,000 annually! When you see the number as a whole you probably did a double take. But, if you really think about what all goes into raising a child does it really seem crazy? The NY Post says that it's the average so urban areas are probably higher, while rural areas will be lower.
These are numbers from 2015 so expect it to be more if you're a new parent this year. To see more of the report and why they think the cost has gone up click HERE.