How much money does it take to raise a child? The amount may surprise you!
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Estimated Annual Cost to Raise a Child
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(Families with annual income under $36,000)
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Single Parent
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Two Parents
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| Housing |
$42,180
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$37,740
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| Food |
$22,830
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$22,860
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| Transportation |
$11,640
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$16,260
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| Clothing |
$9,570
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$9,390
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| Health |
$6,540
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$8,310
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| Childcare/Education |
$7,500
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$8,580
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| Miscellaneous |
$9,090
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$11,880
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| Total |
$109,350
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$115,020
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*Source: Expenditures on Children by Families: 2000 Annual Report. U.S. Department of Agriculture Center for Nutrition Policy and Promotion. Misc. Publication No. 1528-2000.