The Cost of Cuteness

The USDA released figures on the estimated cost of raising a baby born in 2007. Anyone know where I can get a Quarter Million bucks? Maybe I should start a paypal donation. 😉

From Reuters here:

Middle-income families can expect to spend $204,060 on feeding, housing and schooling a child born in 2007 until his or her 18th birthday, the U.S. government reported on Monday.

Factoring in inflation, the grand total for middle-income families comes to $269,040, USDA said. Total costs also include transportation, health care, and other necessities.

Child-rearing costs have soared since USDA began conducting its annual study in 1960, and can vary dramatically according to a family’s income.