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The Cost of Raising a Kid is Over $230K: Can You Afford It?

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Post by Ericka Sóuter
Your bundle of joy will cost you just that -- a bundle! It takes $234, 900 to raise a child, to be exact. That's the price tag on all the food, shelter, clothing, and health care required to care for child from birth to age 17, according to the U.S. Department of Agriculture's annual report, "Expenditures on Children by Families."

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