Middle-income families can expect to spend $204,060 on feeding, housing and schooling a child born in 2007 until his or her 18th birthday, the U.S. government reported on Monday.
Factoring in inflation, the grand total for middle-income families comes to $269,040, USDA said. Total costs also include transportation, health care, and other necessities.
Child-rearing costs have soared since USDA began conducting its annual study in 1960, and can vary dramatically according to a family's income.
Families making less than $45,800 before taxes can expect to spend less, $148,320 in real terms over the course of their child's first 17 years. Those on the other end of the income spectrum, making more than $77,100 a year, will spend $298,680 in 2007 dollars on raising their '07 child.
Even though the study does not include the cost of college, USDA found that children get more expensive as they get older. Teenagers were the most costly.
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