Crib to College: Where does the money go?

CRIB TO COLLEGE WHERE DOES THE MONEY GO? Every year it gets a little more expensive to raise a child. This infographic compares the 2011 cost of raising a child from birth to 17 to the same study performed in 1960. All 1960 prices are adjusted for inflation, and each pie chart represents the percentage of the total cost of raising a child. 1 CHILDCARE & EDUCATION 2% IN 1960 18% IN 2011 $ 3,834 $ 42,282 COST OF A BABY-SITTER $ 5.70 / HOUR IN 1960 $ 9.50 / HOUR IN 2011 HEALTH CARE 4% IN 1960 8% IN 2011 $ 7,669 $ 18,792 COST OF CHILDBIRTH (in hospital, no complications, no anesthesia) $ 9,617 IN 2011 $ 988 IN 1960 B. 3 HOUSING 31% IN 1960 30% IN 2011 $ 59,434 $ 70,470 COST OF MORTGAGE IN 1960 IN 2011 $6,323 MORTGAGE / YEAR $ 12,732 MORTGAGE / YEAR $ 527 MORTGAGE / MO $ 1,061 MORTGAGE / MO FOOD 24% IN 1960 16% IN 2011 $ 46,014 $ 37,584 COST OF GROCERIES $12,774 IN 1960 $11,945 (TOTAL FROM BIRTH TO AGE 17) IN 2011 (TOTAL FROM BIRTH TO AGE 17) 0000 CLOTHING 11% IN 1960 6% IN 2011 $ 21,090 $ 14,094 COST OF CHILDREN'S TENNIS SHOE $ 40.00 IN 2011 24 23.00 IN 1960 6. TRANSPORTATION 16% IN 1960 14% IN 2011 $ 30,676 $ 32,886 COST OF GASOLINE $ 1.90/ GAL IN 1960 $ 3.53/GAL IN 2011 0000 7 MISCELLANEOUS 12% IN 1960 8% IN 2011 $ 23,007 $ 18,792 COST OF CHILDREN'S TOYS IN 1960 IN 2011 $ 45.22 82.05 26" BICYCLE 26" BICYCLE $ 22.80 $ 6.99 BARBIE DOLL BARBIE DOLL $. 45.60 $ 19.99 THE GAME OF LIFE THE GAME OF LIFE TOTAL COST TO RAISE A CHILD FROM CHILDBIRTH TO AGE SEVENTEEN $191,724 N 1960 $234,900 IN 2011 IN 2011 DOLLARS IN 1960 IN 2011 12% 2%4% 8% 18% 14% 16% 31% 6% 11% 16% 30% 24% EXPENSES: I CHILDCARE I FOOD AND EDUCATION CLOTHING I HEALTH CARE I TRANSPORTATION HOUSING MISCELLANEOUS SOURCES AMAZON.COM BLS.GOV BICYCLERETAILER.COM CHILDBIRTHCONNECTION.ORG CLEARPICTUREONLINE.COM CNPP.USDA.GOV CONSUMERCREDIT.COM HASBRO.COM MONEYLAND.TIME.COM PIX.CS.OLEMISS.EDU REALTORMAG.REALTOR.ORG SHOP.MATTEL.COM STATISTICBRAIN.COM THEFREELIBRARY.COM TRUECAR.COM USNEWS.COM VOICES.YAHOO.COM IN PARTNERSHIP WITH CALIFORNIA CRYOBANK REPRODUCTIVE TISSUE SERVICES BECKON FOWER FUL PERSUASIVE CONTENT