Raising A Kid Costs $245,000 On Average
Guardians could pay nearly a quarter of a million dollars on their children before they step foot on a college campus.By Jamal Andress | August 18, 2014
For any future parents, be prepared to fill your hearts with love and empty your pockets.
The United States Department of Agriculture says guardians will likely spend nearly a quarter of a million dollars on their children before they step foot on a college campus.
The price-per-child estimate was broken down into seven main groups: Housing 30 percent, Food 16 percent, Child Care and Education 18 percent, Transportation 14 percent, Health Care and Miscellaneous Activities both 8 percent and Clothing 6 percent. Notably, college tuition is not included.