Cost of raising a child – $37 a day for 18 years

A middle-income family will spend an average $37 a day to raise a child from birth to age 18, according to government figures on food, housing, health care, child care, education and other expenses. The numbers add up – $1,136 a month, $13,630  a year, $245,340 for the span from newborn to adult, says USDA’s “Cost of… » Read More

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