Cost of Raising a Child to Adulthood

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Financial Stataistics on Raising ChildrenData
Cost of raising kids to adulthood nationwide$245,340
Cost in rural areas$193,590
Average cost to raise a child born today$169,080
Average cost by yearCost Per Year
0-2 Years old cost per year$12,940
6-8 Years old cost per year$12,800
15-17 Years old cost per year$14,970
Breakdown by Category 
Housing30 %
Child Care / Education18 %
Food16 %
Transportation14 %
Health Care8 %
Clothing6 %
Misc8 %
Most Expensive Cities to Have KidsLiving Expenses Index
Cities must have a population of 20,000+ to be ranked
New York City123.4
Honolulu109.2
San Francisco107.08
Least Expensive Cities to Have Kids 
Norman, Oklahoma84.92
Harlingen, Texas72.05
Ashland, Ohio68.23
PREV DATA SET
Statistic Sources & References
Sources: USDA, United States Census Bureau
Content Author: Statistic Brain

Date research was conducted: September 22, 2017

Cost of Raising a Child to Adulthood

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