Contemplating whether or not to have a kid? It'll cost you--a quarter-million dollars, to be exact. According to a new U.S. Department of Agriculture report, the average American family will pay $245,340 to raise a child born in 2013. And that figure doesn't take into account college tuition or kids who live at home well into their twenties. Raising a child is most expensive in the Northeast, where the annual figure swells to $282,480.
How do you feel about this? Is this pretty accurate?
FOLLOW ME ON MY SOCIAL LINKS