How Much It Costs to Raise a Kid, in 4 Charts

<a href="http://www.shutterstock.com/pic.mhtml?id=127393325&src=id">Alan Bailey</a>/Shutterstock


A middle-income family with a child born in 2013 can expect to spend about a quarter of a million dollars in child-rearing expenses over the next 18 years, according to a new report from the USDA.

Costs such as housing, food, transportation, clothing, health care, child care, and education will amount to an expected $304,340 ($245,340 in 2013 dollars) for middle-income families, a 1.8 percent increase from last year’s report. For each income bracket, costs will increase as the child ages:

Although households with incomes in the lowest third will spend less than half as much on child-related costs as higher income families, their spending will amount to a far greater percent of total income.

Housing is the highest child-rearing expenditure, amounting to 30 percent of expenses for middle-income, husband-wife families with two children. Raising a child is costliest in the urban Northeast and least expensive in rural areas.

USDA

The report notes that child-rearing costs have grown 24 percent since 1960, when a middle-income family could have expected to spend $25,230 ($198,560 in 2013 dollars). The USDA has also released an interactive calculator to help families estimate child-rearing costs based on type of household, number of children, location, and income.

$500,000 MATCHING GIFT

In 2014, before Donald Trump announced his run for president, we knew we had to do something different to address the fundamental challenge facing journalism: how hard-hitting reporting that can hold the powerful accountable can survive as the bottom falls out of the news business.

Being a nonprofit, we started planning The Moment for Mother Jones: A special campaign to raise $25 million for key investments to make Mother Jones the strongest watchdog it can be. Five years later, readers have stepped up and contributed an astonishing $23 million in gifts and future pledges. This is an incredible statement from the Mother Jones community in the face of the huge threats—both economic and political—against the free press.

Read more about The Moment and see what we've been able to accomplish thanks to readers' incredible generosity so far, and please join them today. Your gift will be matched dollar for dollar, up to $500,000 total, during this critical moment for journalism.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate

We have a new comment system! We are now using Coral, from Vox Media, for comments on all new articles. We'd love your feedback.