That is how much it costs to raise a child in 2017… PER CHILD!
and that does not even include the cost if you intend on paying for their college education.
Now fo those of you who have more than 2 children there is some good news. The cost of raising every child after 2 goes down about 24%
So don’t go selling off all of your assets just yet or making your children draw straws to see which ones will get to go to college.
The reason for this is that after two children, kids tend to start sharing rooms, wearing hand me down clothes and playing with hand me down toys. Food is purchased in larger quantities and that often leads to discounts.
So if you think about it, it actually pays off to have more children!