The USDA has released its annual Expenditures on Children by Families report, and it comes as no surprise that the cost of raising a child has increased by 2% in the last year. The figures are based on the costs of necessities like food, shelter, and clothing for a child born in 2010, reaching the age of 18. Categories such as transportation, health care and education saw the biggest increases.
Want to know the actual figure calculated by the USDA? You'd better be sitting down when you ease past the jump. Seriously, brace yourself as you click "read more."