The Cost Of Raising A Child In The U.S. Might Appall You

Written by Katie Hintz-Zambrano
1:34 pm
08/20/14

Photo Via Coupon Mamacita

Yes, having kids is expensive. But you might be surprised to find out just exactly how expensive. According to a new report by the Department of Agriculture, the cost of raising a child in the U.S. from birth to 18 years old is a whopping $249,930. Yes, that’s right…a quarter of a million per kid. And that’s not considering the $30,000+ you might be spending per year on college once Scout moves out.

The report, with data culled from 2013, finds that two-child, married-couple families spend an average of $12,800 to $14,970 per child per year. Meanwhile, one-parent households spent only slightly less per child (compared to two-parent households with the same income level). Parents spent the most on housing, child care/education, and food. Other expenses include transportation, clothing, health care, and items related to entertainment, personal care, and reading materials.

Of course, families with different incomes spent less or more on their children depending on how much they had at their disposal, so to speak. Another takeaway we found interesting is who spent what, based on geography. According to the report, families in the urban Northeast spent the most, followed by the urban West and urban Midwest. Families in the urban South and rural areas spent the lowest amount. (For more nitty gritty on the data, get the full report here.)

We want to know: Do these figures surprise you? Or does shelling out $12,800+ per year on your kid sound about right?

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