Parenting and the
Cost of Raising a Child

Parenting is the most rewarding job in the world. Our major responsibility as parents is to provide love and a safe environment for our children to grow up in. We also have to provide the financial support to raise our children. The U.S. Department of Agriculture estimates the cost of raising a child from birth to 18 years – $233,610. And that doesn’t include college expenses which could add upwards of $50,000.

Does it really cost that much?!

cost of raising a child graph

Most of our thoughts about having children center around the joy of loving them. But the reality is a child needs so much more than love. They need parents who can provide for them, both physically and emotionally.

Planning to have a baby is a big decision for anyone. Not only do you have to think about whether the time is right for you, but you also have to take into account if you will be able to take care of that baby in the way they need to be cared for.

Some decisions we make in life are very easy while others take a lot more thought and soul searching. Having a baby is definitely a decision that requires us to look closely at all sides of our responsibilities. The cost of raising a child is the most important responsibility that potential parents should consider. If you or someone you know is pregnant and overwhelmed when considering the possibilities, before you make any firm decision, please consider all your options, including the choices available with open adoption.