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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 605 days ago

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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.


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