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What is the average cost of Raising a child in 2010?

The average cost of raising a child is $7340 per year for a two-parent family for a total of $12500 over 17 years. The average cost for a single parent is $6975 per year or $118,600 over 17 years. These costs may vary greatly between different individuals based on multiple factors including income and location. The figures given here were based on an income of $35,000.

by Kathy Taylor on Sun, 01/17/2010 - 08:19

Cost and Price Reference Series

Find out the cost of many of life's important purchases here, in our cost and price reference series.

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Average cost of rasing a child