Cost of Raising Kids Up 23%

Thursday, 15 August 2013 | by Pat's Picks

Thinking about having a baby? You better start raising some funds. USA Today says the price of raising a child has increased 23 percent since 1960, thanks to more expensive health care, child care and housing costs. Parents who welcome a child in 2013 can expect to spent anywhere from $217,000 to $1 million by the time their kid turns 18. The total does not include the cost of sending them to college, which can cost another $100,000 or more.

SOURCE: USA Today