Montana State University

MSU Extension Family Economics

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USDA Report-2013 Expenditures on Children & Families

U.S. Department of Agriculture (USDA) released its annual report, Expenditures on Children and Families, also known as the Cost of Raising a Child.

 

The report shows that a middle-income family with a child born in 2013 can expect to spend about $245,340 ($304,480 adjusted for projected inflation*) for food, housing, childcare and education, and other child-rearing expenses up to age 18.


Click here to download full report.



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Updated: September 8, 2014


 

 

The goal of the MSU Extension Family Economics program is to help Montana individuals and families from all walks of life make effective financial decisions that will enhance their lives.

If you've never visited our Extension Family Economics website we invite you to explore the wealth of information that is provided.

If you are a long time visitor note theNew Logoitems in the What's New tab to the right gray box.

If you have ideas for family economics resources that would be useful to Montanans e-mail Marsha Goetting, MSU Extension Family Economics specialist goetting@montana.edu.