Can you put a price tag on raising a child? Actually, you can. It is not cheap! According to a study published in the Charlotte Observer, North Carolina ranks 44th in a study on the price of raising a child from newborn to eighteen. It reportedly costs $295,000 to provide a child with the things he or she needs. This includes; food, clothing, toys, school supplies etc etc etc.
The national average for raising a child is around $304,000 according to this study. For more information and to find out how North Carolina fares to raise a child compared to other states, get all the details from the Charlotte Observer.
I have a niece that is over 18 and I know expenses do not stop when kids get grown. There is college to consider and you hope they have a job to cover the cost of transportation but they may need a little help there too. Does it ever end? I don’t think so.
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