Resource | Policy
2012 Expenditures on Children By Families

Today, the U.S. Department of Agriculture (USDA) released its annual report, Expenditures on Children by Families, also known as the Cost of Raising a Child. The report shows that a middle-income family with a child born in 2012 can expect to spend about $241,080 ($301,970 adjusted for projected inflation* for food, shelter, and other necessities associated with child-rearing expenses over the next 17 years.