The 200K Dollar Baby, Top Spending

$200,000 BABYTHE HIGH COST OF CHILD REARING Top spending is in Housing, Childcare & Education, and Food The average cost to raise a child to adulthood for a single-parent household making below $59,410 per year is Single-Parent Household $188,819 Average Household Income Annually: Average Household Income Annually: Single-Parent Households making above $59,410 can expect to spend $387,277 Below $59,410 Above $59,410 If your household Average Cost per Child Annually: Average Cost per Child Annually: $11,107 $22,781 income is A single parent with 1 child making $59,410 per year can expect to spend 29%, or $16,944 of their annual income on that child, leaving $42,466 for themselves. $59,410, you can expect to spend the following amounts yearly per child: $645 Clothing -$426 Healthcare - $774 $1,406 Other $787 $2,258 Transportation $1,187 Food $1,767 $2,670 Clothing - $536 - 1% Healthcare - $1,090 - 2% $2,786 Other - $1,523 - 3% Childcare & Education* $2,503 Transportation - $1,987 - 3% $5,431 Food $2,219- 4% Housing $3,664 Childcare & Education* %24 $3,967 - 7% $7,585 Housing $5,625 -9% * - Childcare and Education expenditures do not include the costs of education beyond high school. This infographic is brought to you by Northern Kentucky University's Center for Economic Analysis and Development, For more information about this and other data sets, please visit NKYBYTheNumbers.nku.edu. All dollar amounts are in 2011 dollars. Data Sources: Bureau of Labor Statistics and Expenditures on Children by Families, 2011, United States, Department of Agriculture Center for Nutrition Policy and Promotion Misc. Publication Number 1528-2011