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Middle-income family spends $221K to raise baby
jay8h
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8-5-2009 8:20 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fcb7bfd3-1e95-443e-b1dc-a81d6b7b78fb/BDB6A594-272F-4C36-B1D1-E129110EF729/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.onenewsnow.com/Culture/Default.aspx?id=627792" href="http://www.onenewsnow.com/Culture/Default.aspx?id=627792" style="font-size: 11px;">www.onenewsnow.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.onenewsnow.com/Culture/Default.aspx?id=627792">Middle-income family spends $221K to raise baby</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.onenewsnow.com/Culture/Default.aspx?id=627792"><P align="left"><IMG hspace="3" border="0" align="left" vspace="3" src="http://www.onenewsnow.com/uploadedImages/Sections/_UNPUBLISHED/03_Wednesday/ap.gif" alt="Associated Press small" title="Associated Press small" />ST. LOUIS - It's no secret that raising children can be expensive, but how about a quarter of a million dollars expensive?<BR /></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.onenewsnow.com/Culture/Default.aspx?id=627792"><P>A government report released Tuesday says a middle-income family with a child born last year will spend about $221,000 raising that child through age 17. The report by the USDA's Center for Nutrition Policy and Promotion identified housing as the largest single expense, followed by food and child care/education costs. The $221,000 in expenses rises to about $292,000 when adjusted for inflation.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.onenewsnow.com/Culture/Default.aspx?id=627792"><P>USDA economist Mark Lino, who co-authored the report with Andrea Carlson, often hears people say children cost a lot when the annual findings are issued. "I tell them children also have many benefits, so you have to keep that in mind," he said.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.onenewsnow.com/Culture/Default.aspx?id=627792"><P>Costs of raising a child are highest in the urban northeast and lowest in the urban south and rural areas.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/BDB6A594-272F-4C36-B1D1-E129110EF729/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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