The cost of raising kids

Now there’s an official price tag for parenthood: The U.S. Department of Agriculture has calculated that it costs $234,900 on average to raise a child, not including college costs. That’s about 23 percent more than it cost to raise kids in 1960.

Are families cutting back on food, transportation, and clothing to makeup the huge increase in health care costs and child care & education? Or are they overall just paying less for some of those items? High-res

The cost of raising kids

Now there’s an official price tag for parenthood: The U.S. Department of Agriculture has calculated that it costs $234,900 on average to raise a child, not including college costs. That’s about 23 percent more than it cost to raise kids in 1960.

Are families cutting back on food, transportation, and clothing to makeup the huge increase in health care costs and child care & education? Or are they overall just paying less for some of those items?