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The Cost of Raising a Child

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Nayva

PostPosted: Tue Aug 25, 2009 10:34 pm


...Typical families, those making from $56,870 to $98,470 a year, will spend a whopping $221,190 to raise a second child born in 2008 through age 17, estimates the Center for Nutrition Policy and Promotion (.pdf file), a division of the U.S. Department of Agriculture.

Higher-income families will spend even more. Those earning more than $98,470 will spend $366,660 overall in the U.S. to raise a second child; that figure rises to $406,680 in urban areas of the Northeast.

Though not as steep, the figures for lower-income families are just as unsettling: $159,870 for families making less than $56,870 to raise a second child.

That averages $8,882 a year for a lower-income family, $12,288 for the middle-income group and $20,370 for top earners....


And this is talking about second children--meaning there are hand-me-downs and less things to buy. It is reasonable to conclude that first children are even more expensive (especially since parents are willing to buy the costlier stuff for first children, but budget stuff afterward--think I heard that in Child Development class a couple years back).

These figures also stop at age 17, so they don't include the cost of college. Though they might include medical bills or other special costs that aren't "common."

Anyone care to compare these to the average cost of an abortion?
PostPosted: Fri Dec 25, 2009 10:10 am


Any prolifer would get their proverbial panties in a wad at the mere price tagging of a "baby" in this sense.

CatLuvr83

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Library of Logic

 
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