Families Projected to Spend an Average of $233,610 Raising a Child Born in 2015.
The Cost of Raising a Child
USDA recently issued Expenditures on Children by Families, 2015. This report is also known as “The Cost of Raising a Child.” USDA has been tracking the cost of raising a child since 1960 and this analysis examines expenses by age of child, household income, budgetary component, and region of the country. Click here to read more.