How to Pay for Kids

Parents today will spend more than $300,000, on average, to raise a kid from birth to age 21. Here are tips for making ends meet

A child is priceless—but raising one can break the bank. Children born in the U.S. today will cost their parents more than $338,000, on average, by the time they graduate from a public college. That's according to, based on College Board and Agriculture Dept. data. Send your precious offspring to a private university, and you can expect to shell out an additional $70,300 for tuition.

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