Child Born in 2011 May Cost $234,900 to Raise, USDA Says

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A middle-income family may spend $234,900 to raise a child born in 2011 to the age of 18, a 3.5 percent increase in a year, according to a government report.

Expenses for child care and education, transportation and food represented the biggest jumps, the U.S. Department of Agriculture said today in a report. Adjusted for anticipated inflation, a child in a middle-class family would cost $295,560 to raise, the department said. The typical two-parent middle-income family spent $12,290 to $14,320 in 2011 on each child, the study found. Households that make less spend less, USDA researchers said. A family earning less than $59,410 a year will probably spend $169,080 in 2011 dollars to rear a child, while parents earning more than $102,870 may pay $389,670, according to the study.

Child Born in 2011 May Cost $234,900 to Raise, USDA Says - Bloomberg

These studies/reports aren't always the greatest in accuracy & methods but the cost of raising a family in the future is getting burdensome for many. Good luck to everyone in that struggle :hamster:
 

Meta Reign

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My baby girl (my first) is due next month. I ain't got nothin' to worry about.:win:
 

Crakface

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:laugh: at not procreating so you can save money. A truely selfish generation is being spawend.
 

Easy-E

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Split between 2 parents.

Comes with the territory. :manny:

:laugh: at not procreating so you can save money. A truely selfish generation is being spawend.

:guilty: I just realized something; I do forget to factor in a spouse.

:childplease: Sorry, I'm single and it's hard to fathom.

:to::sadbron: @ If she wants to be a stay at home mom, though
 

Crakface

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:guilty: I just realized something; I do forget to factor in a spouse.

:childplease: Sorry, I'm single and it's hard to fathom.

:to::sadbron: @ If she wants to be a stay at home mom, though

Well its a good population control program. The benefits of having money and being alone outweigh having a significant other and or a child. This will make it easier for immigrants to expand their numbers in the united states because they are not conditioned to let being poor effect their desire for children.
 

acri1

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One reason I haven't had a kid yet (among others).

Whenever I do meet that special lady, best believe we'll both be working.


Stay-at-home-mom?:heh:
 

MikelArteta

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One reason I haven't had a kid yet (among others).

Whenever I do meet that special lady, best believe we'll both be working.


Stay-at-home-mom?:heh:

you say that now, but lets think on a bigger spectrum breh :jawalrus:, she gets knocked up pops kid out, daycare is expensive, or your child is autistic and needs that special care, or gasp you have twins she stays up but promises to go back to work when the kids are 4, 4 comes around it never happens, there you are the one man supporting 3 mouths

i'll pass
 

Easy-E

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Well its a good population control program. The benefits of having money and being alone outweigh having a significant other and or a child. This will make it easier for immigrants to expand their numbers in the united states because they are not conditioned to let being poor effect their desire for children.

I'm just lookin' at the trajectory of my life and I don't see myself able to a support a kid financially/emotionally til I'm in my 30s
 
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