Raising a Child Now Costs Over $250K!

The breakdown:

1. Housing costs the most. An average of $3,971 extra each year.

2. Food, $2,482 a year.

3. Child care and education, $2,280. That includes day care, babysitters, and school expenses. But not college, or private school.

4. Transportation, $2,127.

5. Healthcare, $1,302.

6. Clothing, $795 a year.

7. Miscellaneous expenses, $1,047. That's everything from toys to haircuts.

All those stats are based on people with two kids . . . so $14,000 per kid, or $28,000 a year. If you only have one, it costs about $17,800 a year. And if you have three, it costs less . . . about $10,600 per child. 

(ValuePenguin)

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