Please forward this error screen to premium15. The cost of raising a child varies from country to country. The cost of raising a child sample 3 personal income tax for the child’s education usually determined according to a formula that accounts for major areas of expenditure, such as food, housing, and clothing.
However, any given family’s actual expenses may differ from the estimates. For example, the rent on a home does not usually change when the tenants have another child, so the family’s housing costs may remain the same. Cost of a Child report calculates the cost of raising a child from birth to 21 years old. 3,900 in 2013 which is based on the basic cost of raising a child. Based on a survey by the U. Department of Agriculture, the table below shows the estimated Average Spending on Children by Families. The data comes from the Consumer Expenditure Survey by the U.
These figures from the USDA go up to age 18, and do not include any college or university education. Nor does it offer any spending estimates if the child remains in the home as a dependent after the age of 18. Both tables are for the United States overall, not based on any specific region in the country. All numbers are in US dollars.