Children are priceless, but raising them is one of the most expensive things you'll ever do. Here's how much it costs, along with some strategies for lowering expenses.
Every newborn child is a bundle of joy. But you'd better have a bundle of cash on hand if you want to raise one.
Families making more than $74,900 a year will spend a whopping $289,380 to raise a second child born in 2006 through age 17, estimates the Center for Nutrition Policy and Promotion, a division of the U.S. Department of Agriculture. Higher-income families in urban areas in the West will spend the most, $304,740.
Raising your $290,000 baby - MSN Money
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Bargain baby
