The cost of kids

Every parent knows it isn’t cheap to raise a child. Even providing just the basics adds up each year. How much it actually costs these days is pretty astonishing. According to the U.S. Department of Agriculture, which has been estimating this very thing for more then 50 years, the annual expenses per child in a two-child, two-parent, middle-come household ranges from $11,880 to $13,830 (as of the latest report from 2010). The numbers vary, depending on income and the age of the child, as shown in this chart.

Source: www.cnpp.usda.gov/ExpendituresonChildrenbyFamilies.htm