Average Cost Of Raising A Kid Climbs To $245,000 — And That’s Not Including College

<p>^ It doesn’t factor in the cost of college. It’s only through 18. (Unless you’re referring to private K-12s in which case, yes, you’re probably most certainly on the high side of average).</p>

<p>That works out to about 1/4 of income per year before taxes for a median income household- and that’s just for one kid. Hm. </p>