The Cost of Raising a Child

USDA The United States Department of Agriculture THE COST OF RAISING A CHILD THE INFORMATION PROVIDED COVERS THE COST FROM BIRTH TO AGE 18. $241,080 WHERE DOESTHE MONEY GO? AFTER ADJUSTING FOR INFLATION, THE COST OF RAISING A CHILD HAS INCREASED 23% FROM 1960. NOT INCLUDING THE ANNUAL COST OF COLLEGE 23% 8% 6% 8% PUBLIC PRIVATE $39,518 The Colinga Bait 203 Trerde in College Pitaing 2012 $17,860 30% HEALTH CLOTHING MISC. 18% CARE 14% 16% HOUSING CHILD CARE& TRANSPORTATION FOOD EDUCATION COST BY REGION OVERALL VS RURAL HOUSING COSTS FOOD COST BY AGE" COST TO RAISE A CHILD FROM BIRTH TO AGE 18 BORN IN 2012. $1,430 $1,530 $2,150 $2,460 $2,640 $2,630 OVERALL RURAL URBAN NORTHEAST $277,170 $71,820 $44,280 URBAN WEST $256,710 URBAN MIDWEST $236,190 CHILD CARE & URBAN SOUTH EDUCATION $226,260 18% (2012) RURALAREAS $190,290 (1960) 0-2 3-5 6-8 9-11 12-14 15-17 AGE IN YEARS *US. average for for middle income husband-wite families, Source: Expenditures on Children by Families, 2012 US. Department of Agriculture, Center for Nutrition Policy and Promotion. Miscellaneous Publication No. 1528-2012. August 2013 USDA is an equal opportunity provider and employer. U.S. Department of Agriculture percentages of total expenses IEEEEEEEE)