Complete Description:With USDA's "Cost of Raising a Child" Calculator, you can estimate how much it will annually cost to raise a child. This may help you plan better for overall expenses including food, or to purchase adequate life insurance. The amount of money you spend depends on how many children you have, the age of the children, your marital status, where you live, and your household income. The results are based on what similar families spend in a year and include a breakdown by major budget areas.
Date Published:Tuesday, January 10, 2017
Author:USDA Center for Nutritition Policy and Promotion
Funding Agency: Department of Agriculture
Type: Calculator;
Language: English
Audience: Individual