It’s no secret that raising a child is expensive. Now, there’s government data that tells us just how expensive — in striking detail. From birth through seventeen years of age, parents can expect to spend an average $205,960 to $475,680, depending on their household income. You may not be surprised that the largest expense for a parent is housing — and that has been the case for the last five decades. How much more can you expect to spend on your mortgage or rent once your first bundle of joy arrives? Take a look at our infographic, where we break down the cost of moving to a house with one additional bedroom (even including the added cost of utilities for that bedroom) by region and income level, along with many other interesting details. Click to enlarge.
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This post was created by a user and has not been vetted or endorsed by BuzzFeed's editorial staff. BuzzFeed Community is a place where anyone can post awesome lists and creations. Learn more or post your buzz!
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The Outrageous Cost of Raising Kids
http://www.buzzfeed.com/jdrucker/the-outrageous...It’s no secret that raising a child is expensive. Now, there’s government dat...