Parents Projected to Spend $233,610 to Raise a Child Born in 2015
The Expenditures on Children by Families annual report provides estimates of the cost of raising children from birth through age 17 for different budgetary components, including food, housing, transportation, health care, clothing, child care and education, and miscellaneous costs.
2015 Expenditures on Children by Families Report (released Jan. 9, 2017)
For general information on financial planning and budgeting, see MyMoney.gov.