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Cost of raising a kid

POSTED: 12:33 PM Aug 18 2014

A middle-income family in the U.S. can expect to spend $245,340 to raise a child born in 2013, according to a USDA report. Take a look at how those costs vary around the country and how they break down.

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A middle-income family in the U.S. can expect to spend $245,340 to raise a child born in 2013 -- and that only takes the child to age 18 and doesn't include college costs, according to an annual report released by the U.S. Department of Agriculture.

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