LendingTree: Cost of raising child to 18 now up to $240K

That figure has risen 20% from 2016 and doesn't include activities like sports, after-school classes or the cost of paying for college.

Cheddar Staff

Sep 15, 2023, 3:56 PM

Updated 452 days ago

Share:

The cost of raising a child from birth until 18 is about an eye-popping $240,000, according to new research from LendingTree. That figure has risen 20% from 2016 and doesn't include activities like sports, after-school classes or the cost of paying for college.