Middle class families with a child born in 2011 can expect to spend $235,000 raising that kid, according to the USDA.
Raising a child just got $8,000 more expensive.
Middle-income families with a child born in 2011 can expect to spend $235,000 over 17 years, according to a new report by the United States Department of Agriculture. That cost factors in food, shelter and other necessities to raise a child, and does not account for inflation.
It also marks a whopping $8,000 increase, or 3.5% rise, in just one year. - CNN