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It Now Costs $300,000 to Raise a Child in the U.S.

It Now Costs $300,000 to Raise a Child in the U.S.

In 2017, the U.S. Department of Agriculture estimated the cost to be $233,610 to raise a child born in 2015, from infancy to adulthood. That amount has increased by 33% in the last five years as inflation hits 40-year highs.