IS IT REALLY WORTH IT? $245,340: Cost of raising a child born in 2013

New parents beware: Your little angel is going to cost you a bundle.

A middle-income family with a child born in 2013 can expect to spend about $245,340 for food, shelter and other expenses up to age 18, an increase of 1.8% from 2012, the Agriculture Department said.

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2 Responses to IS IT REALLY WORTH IT? $245,340: Cost of raising a child born in 2013

  1. Alan August 24, 2014 at 11:37 pm #

    It’s worth it if you want kids. Some of us do. And I doubt the figures – at least for my family, we’re frugal and I’m sure it costs less. But in any case, I planned on kids and enjoy them. For those who do not want kids, I fully support them – but some of us do.

  2. Fabián Buitrago September 27, 2014 at 12:04 pm #

    Another reason to get a vasectomy.

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