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To raise a child born in 2013 to the age of 18, it will cost a middle-income couple just over $245,000, according to newly released estimates from the U.S. Department of Agriculture. That's up $4,260, or almost 2%, from the year before. Estimates can vary widely depending on where you live and how much you earn.
Adjusted for inflation, the cost of raising a child born last year will be about $304,480, on average, for the average middle-income family, which the government defined as those with pre-tax annual income between $61,300 and $106,140.Costs are lower for lower-income families.amilies living in urban areas in the Midwest had a slightly lower cost than the national average, or $240,570. Families in the urban Northeast had the highest cost of raising a child to adulthood: $282,480. That was followed by the urban West at $261,330.