» Cost of raising a child just went up! according to new USDA data
Cost of raising a child just went up! according to new USDA data
Posted on Aug 27, 2014 by Maggie LaBarbera
You may have wondered this question: How much does it cost to raise a child. Whether you are contemplating raising a child or you already are there, it is always interesting to read about this.
I am always talking about nutrition and healthy habits and children but I thought this would be something most families might be interested in knowing and helping parents plan.
Food is among the top three expenses in raising children. As children get older there is an increase in food expenditures. This is to be expected. They eat more! The challenge for parents is to find affordable healthy foods that meet their budget.
Nourish Thought for the Day:
Raising a child: expensive. Having a child: priceless!
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This report is based on families with two parents and single-parent families. The expenses are broken up by
age of child
household income level
major budgetary component (ie. housing, food etc)
read full report.