Our Cost of Raising a Child: $3,200 Per Year Including World Travel

When you have kids it’s impossible to retire early, right?  I found out that may not be true in all cases. Like my own. We have three kids and still managed to retire early.  But how is it possible when kids are soooooo expensive?

The US Department of Agriculture publishes the “Expenditures on Children By Families Annual Report” which examines the cost to raise children in America.  The headline number that gets a lot of press is the total cost to raise a child from age 0 to 17: $233,610. And that doesn’t include the cost of college!

Almost a quarter of a million dollars seems really high to me, so I’m diving into our kid-spending to see what it actually costs to raise our three kids.

The post Our Cost of Raising a Child: $3,200 Per Year Including World Travel appeared first on Root of Good.



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