Cost of raising a child

cost of raising childrenCosts of raising a childcostexpensessignificant resources
The cost of raising a child varies from country to country.wikipedia
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Child support

child maintenancesupportmaintenance
Under this obligation, both parents are expected to share the responsibility for their child(ren)'s expenses.

Only child

single childone childone-child family model

Family economics

familyeconomics of the familyeconomics of households

Single parent

single mothersingle fathersingle mothers

Renting

rentrentedrental
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.

Statistic

sample statisticempiricalmeasure
This statistic includes children.

Poverty

poorlow-incomeindigent
(This calculation is difficult, since families in developing countries often do not operate with currency, but barter or trade to provide for their children.) Half of all children in the world live in poverty.

Liverpool Victoria

LV=LVLiverpool Victoria Friendly Society
The annual LV= (Liverpool Victoria) Cost of a Child report calculates the cost of raising a child from birth to 21 years old.

Opinium Research

OpiniumOpinium Research LLP
Additional research was conducted by Opinium Research LLP from 22 to 27 January 2016.

Survey methodology

surveysurveysstatistical survey
Based on a survey by the U.S. Department of Agriculture, the table below shows the estimated Average Spending on Children by Families.

United States Department of Agriculture

USDAU.S. Department of AgricultureDepartment of Agriculture
Based on a survey by the U.S. Department of Agriculture, the table below shows the estimated Average Spending on Children by Families.

United States Department of Labor

U.S. Department of LaborDepartment of LaborUS Department of Labor
The data comes from the Consumer Expenditure Survey by the U.S. Department of Labor, conducted from 2005-06.

Consumer price index

CPIconsumer pricesconsumer price inflation
The figures have been updated to 2011 dollars using the Consumer Price Index.

Higher education

higher learninghigherHigher Education Institution
These figures from the USDA go up to age 18, and do not include any college or university education.

Dependant

dependentsdependentdependency
Nor does it offer any spending estimates if the child remains in the home as a dependent after the age of 18.

United States

AmericanU.S.USA
Both tables are for the United States overall, not based on any specific region in the country.

United States dollar

US$$USD
Based on UNICEF statistics, in developing countries the cost is roughly US$900 for raising a child for a year, and US$16,200 for raising a child from birth to age 17.

The Economic Times

Economic TimesBrand EquityThe Economic Times (India)
Based on an estimate by Economic Times in April 2011, the cost of raising a child from birth to age of majority (21 Years) for a middle to upper-middle income family comes to about inr 5500000 in total.

Family planning

family-planningeducation and accessfamily planning clinic