average cost to raise a child per year
The estimate is 1.8 percent higher than the previous year. That equates to roughly $12,800 - $14,970 per child per year for a two-parent family with a median annual income between $61,530 and $106,540.The annual cost can vary based on factors like the child's age, the number of children in the family and the family's income and location.he estimate is 1.8 percent higher than the previous year. That equates to roughly $12,800 - $14,970 per child per year for a two-parent family with a median annual income between $61,530 and $106,540.