The Cost of Raising a Child in the U.S - $200,000

by Savitha C Muppala on  June 14, 2011 at 10:53 PM General Health News
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The recent U.S. Department of Agriculture report has revealed that a middle-income family in the U.S. with a baby born in 2010 will spend close to US$226,920 to bring him up till the age of 18.

If inflationary costs are added, the expenditure may touch $286,860.
 The Cost of Raising a Child in the U.S - $200,000
The Cost of Raising a Child in the U.S - $200,000

According to the USDA, "middle-income" families are those that have an annual income between US$57,600 and $99,730.

The study also pointed out that a family with an annual income of more than $99,730 might spend $377,040 in 2010  to rear a child till 18, while those with an income less than  $57,600 a year will spend about $163,440.



Source: Medindia

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