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Cost of rearing your child
Cost of raising your child
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A new report from the U.S. Department of Agriculture says middle-income households can expect to pay about $245,340 to rear a child born in 2013 up to age 18, or $304,480 adjusted for inflation. The cost represents a nearly 2 percent increase from 2012. The largest share of the cost is putting a roof over your child's head, followed by child care and education, food, transportation, healthcare, clothing and a miscellaneous category that includes entertainment, personal care and other lesser expenses.
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