It Now Costs $300,000 To Raise A Kid

ohhh boy!! Or girl!!! According to the Brookings Institute, it costs over $300,000 to raise a child in the United States. The actual cost is closer to $310,605 when you factor in food, housing, utilities, healthcare, clothing, education and extras. This is the estimate for a middle income married couple raising a baby born in 2015 through high school.