PPB October 2015

MARKET TO MARKET

44 •

PPB

• OCTOBER 2015

GROW

Food

$1,799.94

Increased household costs

$2,834.88

Child care

$4,141.84

Clothing

$874.44

Increased transportation costs

$2,152.22

Health care

$255.35

Personal care

$260.56

Recreation/school supplies

$1,046.40

Average annual cost

$13,365.63

TOTAL COST TO AGE 18

$253,946.97

The Price of Procreation

EVERYTHING COSTS MORE THESE DAYS, including the necessities of child-rearing. From

birth to age 18, analysts estimate it costs more than $250,000 to bring up a child. Child care is the

single largest component of this figure, according to

MoneySense

magazine.

GAIN AND KRAFT PHOTOS BY

SHEILA FITZGERALD/SHUTTERSTOCK

JOHNSON’S PHOTO BY DCWCREATIONS/SHUTTERSTOCK