Unkotare
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- Aug 16, 2011
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From child care to college, the high cost of having kids - Boston News, Weather, Sports | FOX 25 | MyFoxBoston
"The Department of Agriculture estimates the average cost of raising a child born in 2012 will be $241,080, or $301,970 if you adjust for expected inflation. And, shockingly, this does not even include the cost of a college education, which currently is $22,826 for a public school or $44,750 for a private school before the four- to five-percent annual tuition inflation hikes kick in.
Of course, the real cost depends on where you live. In rural parts of the country, you might get away with spending just $143,600, but in the high-cost Northeast, your costs might be $446,100, again according to the USDA."
When I was a kid, it was most common that families (at least in my little sphere of reality) had 4, 5 children or more. Nowadays this is pretty uncommon in many parts of the country. Is it just too expensive to have kids today? How did we get here? I have a theory, but it's not very PC.
"The Department of Agriculture estimates the average cost of raising a child born in 2012 will be $241,080, or $301,970 if you adjust for expected inflation. And, shockingly, this does not even include the cost of a college education, which currently is $22,826 for a public school or $44,750 for a private school before the four- to five-percent annual tuition inflation hikes kick in.
Of course, the real cost depends on where you live. In rural parts of the country, you might get away with spending just $143,600, but in the high-cost Northeast, your costs might be $446,100, again according to the USDA."
When I was a kid, it was most common that families (at least in my little sphere of reality) had 4, 5 children or more. Nowadays this is pretty uncommon in many parts of the country. Is it just too expensive to have kids today? How did we get here? I have a theory, but it's not very PC.