Your Finances

How much does it cost to raise a child to age 18?




*Does not include the cost of a college education for your child, which could range from $20,000 to several hundred thousand dollars for four years.
Source: Lino, Mark. (2014). Expenditures on Children by Families, 2013. U.S. Department of Agriculture, Center for Nutrition Policy and Promotion, Miscellaneous Publication Number 1528-2013.

1. Single parent families with before-tax income less than $61,530
2. Husband-wife families with before-tax income more than $106,540.