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    This Is How Much It Now Costs To Raise A Child

    How much? Really? Sheesh.

    Here’s one thing all parents know: raising kids ain’t cheap.

    But now we know exactly how expensive it is. A new report from the U.S. Department of Agriculture (USDA) estimates that it will cost a middle-income married couple $233,610 to raise a new baby to the age of 17.

    Lower-income families are expected to spend $174,690 while those with higher incomes are expected to spend $372,210.

    So where will all of this money go? According to the report, 29% will be spent on housing your little rugrat.

    18% on food…

    16% on childcare/education…

    15% on transportation…

    9% on health care…

    And 6% on clothing.

    The one positive here is that parents can expect to spend 27% less on a second child, and 24% less on each child after that.

    Let me just say this — kids are lucky they’re so darn cute.