Mt. Vernon Register-News

Community News Network

March 29, 2013

The cost of raising a child, from birth to age 17

According to figures from a number of sources, including the U.S. Bureau of Labor Statistics and Childbirthconnection.org, it’ll cost a total of $234,900 to raise a child from birth to age 17.

And that was as of two years ago, so the costs will be significantly higher this year.

Here are some of the breakdowns:

To educate and have your child cared for, it’ll cost you a total of $42,282 from nursery school to high school, which equates to 18 percent of the total child-rearing costs.

To keep your child healthy from birth to age 17, it’ll run you $18,792, and that’s just for regular healthcare visits, not medical emergencies or unforeseen hospital stays.

But before your child has the chance to get hurt and dragged off to the emergency room, you’ll be paying at least $9,617 for the delivery and everything leading up to it.

Once your child is delivered, food and nourishment costs will be somewhere in the neighborhood of $37,584 for all meals.

Housing and transportation

In 1960 the average mortgage payment was $527 per month and $6,323 per year. In 2011, it was $1,061 monthly and $12,732 each year, and once you throw in maintenance, taxes and other costs for a home, that amount will be pushed up.

Then there are transportation costs, which will make up about 14 percent of the amount it takes to raise a child, leaving parents to pay a sum of $32,886 for the vehicle and giving your child money for public transportation.

The gasoline that will be used on each child will cost somewhere in the area of $19,000, and that amount can obviously go up or down, depending on gas prices.

Childcare costs

Most people know how ridiculously expensive it can be, which is why many new parents reach out to grandma or a close family member who will watch their child either for free or for a very low amount.

Text Only
Community News Network
  • A 'wearable robot' helps her walk again

    Science is about facts, numbers, laws and formulas. To be really good at it, you need to spend a lot of time in school. But science is also about something more: dreaming big and helping people.

    April 23, 2014

  • Cuba is running out of condoms

    The newest item on Cuba's list of dwindling commodities is condoms, which are now reportedly in short supply. In response, the Cuban government has approved the sale of expired condoms.

    April 23, 2014

  • Screen Shot 2014-04-22 at 4.42.47 PM.png VIDEO: Leopard attacks crowd in India

    A leopard caused panic in the city of Chandrapur when it sprung from the roof of a house and charged at rescue workers.

    April 22, 2014 1 Photo

  • In cuffs... 'Warlock' in West Virginia accused of sexual assault

    Police in West Virginia say a man claiming to be a “warlock” used promises of magical spells to lure children into committing sexual acts with him.

    April 22, 2014 1 Photo

  • McCain 1 House Republicans are more active on Twitter than Democrats

    Your representative in the House is almost certainly on Twitter. Your senator definitely is. But how are they using the social network? Are Democrats more active than Republicans, or vice versa? Who has the most followers on the Hill?

    April 22, 2014 1 Photo

  • Do White Castle prices tell us anything about the minimum wage?

    The paper looked at how many delicious steamed sliders the minimum wage has been able to purchase over time. The point is that as it notes, in 1981, the $3.35 minimum could buy a whole dozen. Today, at $7.25, it could purchase just 10.

    April 21, 2014

  • VIDEO: Moose charges snowmobile, flees after warning shot

    While snowmobiling in New England, Bob and Janis Powell of Maine were charged by a moose and caught the entire attack on camera.

    April 21, 2014

  • Why do wolves howl?

    Of all the myths that dog the wolf, none is more widely accepted than the idea that wolves howl at the moon. Images of wolves with their heads upturned, singing at the night sky, are as unquestioned as a goldfish's three-second memory or a dog's color-blindness (both also myths).

    April 18, 2014

  • quake.jpg Pennsylvania won’t take action following Ohio ruling on quakes, fracking

    Pennsylvania officials plan no action despite new Ohio rules on drilling that affect a seismically active area near the state line.

    April 18, 2014 1 Photo

  • The case for separate beds

    The other night I slept on a twin bed in the guest room of the house I share with my husband and our two kids.
    It was the best night's sleep I've had in years.

    April 17, 2014

Twitter Updates
Facebook
Stocks