March 26, 2008

New study confirms anecdotal evidence: kids aren't worth it

Get a dog.

Ladies, it's time to re-cast your miscarriage from "tragedy" to "20-25 vacations in Europe." On Monday, a new government study found that middle-class families will spend an average of $204,060 to raise a child born in 2007 until his or her 18th birthday. The USDA also found that children get more expensive as they get older, with teens costing the most. Child-rearing costs have soared since USDA began conducting its annual study in 1960.

How should the average middle-class parent of one expect to spend over two hundred thousand grand? 23/6 breaks down the numbers:

Posted by: Laurie Kilmartin      I’m a fan of Laurie Kilmartin
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