The Cost of Raising a Child

by Courtney Sullivan

How Much Does a Baby Cost?

This isn't our grandparents' America anymore. When you start to compare how much it costs to raise a child in the U.S. in 1960 to what it costs today, you better have a couch nearby to faint on.

Your costs will vary according to where you live, income level and how that all funnels into how much it will cost your family as your child gets older.

Here are a few key statistical highlights:

• The amount spent on housing costs stayed the same.
• People spent more on food in 1960 than they do today.
• We spend way more on childcare and education than parents did back in 1960.
• Healthcare costs have increased, which isn't a surprise.

Use this easy-to-use infographic to see how your family fits in.

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