The United States Department of Agriculture...The United States Department of Agriculture URBAN WEST...

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W H E R E D O E S T H E M O N E Y G O ? THE COST OF 30% 8% 18% 6% 16% 14% 8% RAISING A CHILD *U.S. average for for middle income husband-wife families. Source: Expenditures on Children by Families, 2012. U.S. Department of Agriculture, Center for Nutrition Policy and Promotion. Miscellaneous Publication No. 1528-2012. USDA is an equal opportunity provider and employer. COST TO RAISE A CHILD FROM BIRTH TO AGE 18 BORN IN 2012. *The College Board. 2013. Trends in College Pricing 2012. NOT INCLUDING THE ANNUAL COST OF COLLEGE PRIVATE $17,860 PUBLIC $39,518 CHILD CARE & EDUCATION CLOTHING TRANSPORTATION FOOD HEALTH CARE HOUSING MISC. 0-2 3-5 6-8 9-11 12-14 15-17 AGE IN YEARS $1,430 $1,530 $2,150 $2,460 $2,640 $2,630 COST BY REGION* FOOD COST BY AGE* RURAL AREAS $190,290 The United States Department of Agriculture URBAN WEST $256,710 URBAN SOUTH $226,260 URBAN NORTHEAST $277,170 URBAN MIDWEST $236,190 23% AFTER ADJUSTING FOR INFLATION, THE COST OF RAISING A CHILD HAS INCREASED 23% FROM 1960 . THE INFORMATION PROVIDED COVERS THE COST FROM BIRTH TO AGE 18. OVERALL VS RURAL HOUSING COSTS* CHILD CARE & EDUCATION $71,820 $44,280 18% 2% (2012) (1960) August 2013

Transcript of The United States Department of Agriculture...The United States Department of Agriculture URBAN WEST...

Page 1: The United States Department of Agriculture...The United States Department of Agriculture URBAN WEST $256,710 URBAN SOUTH $226,260 URBAN NORTHEAST $277,170 URBAN MIDWEST $236,190 23%

WHERE DOES THE MONEY GO?

THE COST OF

30%

8%

18%

6%

16%14%

8%

RAISING A CHILD

*U.S. average for for middle income husband-wife families. Source: Expenditures on Children by Families, 2012. U.S. Department of Agriculture, Center for Nutrition Policy and Promotion. Miscellaneous Publication No. 1528-2012.

USDA is an equal opportunity provider and employer.

COST TO RAISE A CHILD FROM BIRTH TO AGE 18 BORN IN 2012.

*The College Board. 2013. Trends in College Pricing 2012.

NOT INCLUDING THE ANNUAL COST OF COLLEGE

PRIVATE

$17,860PUBLIC

$39,518

CHILD CARE & EDUCATION

CLOTHING

TRANSPORTATION FOOD

HEALTH CARE

HOUSING

MISC.

0-2 3-5 6-8 9-11 12-14 15-17AGE IN YEARS

$1,430 $1,530 $2,150 $2,460 $2,640 $2,630

COST BY REGION* FOOD COST BY AGE*

RURAL AREAS

$190,290

The United States Department of Agriculture

URBAN WEST$256,710

URBAN SOUTH$226,260

URBAN NORTHEAST$277,170

URBAN MIDWEST$236,190

23%AFTER ADJUSTING FOR INFLATION,

THE COST OF RAISING A CHILD HAS INCREASED 23% FROM 1960 .

THE INFORMATION PROVIDED COVERS THE COST FROM

BIRTH TO AGE 18.

OVERALL VS RURAL HOUSING COSTS*

CHILD CARE & EDUCATION

$71,820 $44,280

18%2%(2012)

(1960)

August 2013