How expensive is it to raise your child?

By |2022-04-06T14:59:59+00:0008 Jan 2019|Categories: Child Support|


As a married couple, you knew that raising a child was expensive, but you sort of just took those expenses in stride. You tried to find ways to deal with bills and increased costs. You budgeted, but you didn’t think about the overall cost that often.

Now that you’re getting married and the question of child support has been raised, you’re really looking at it in a new way. How much support is needed? How much will it really cost to raise that child?

There is some difference in cost depending on your income level and standard of living, but reports show that middle-income families in recent years need to pay around $233,610 to raise one child. If that figure surprises you, it just underscores how important it is to think about child support.

It’s only getting more expensive. The study found that the total increased a full 3 percent in one year. That may not sound like a lot, but it adds up when it happens every year.

On top of that, the report only looks at raising children until they turn 18. While they are technically adults at that point, parents know that costs sometimes continue. This is especially true if the children are still seniors in high school at this time.

The top two costs in the report were housing (29 percent) and food (18 percent). Naturally, these costs vary dramatically from one family to the next, but the report shows you where your money tends to go most often.

You can see just how important it is to figure out your child support situation, so make sure you know what legal steps to take.

About the Author:

Dorie Anne Rogers - The Law Offices of Dorie A. Rogers, APC
Dorie A. Rogers, a Family Law Specialist, Certified by the State Bar of California, has been an attorney since 1981 with an exclusive family law practice located in Orange County. She is accepting dissolution cases with support and property issues including the use of forensics to ascertain business value, community interests and to establish monthly case flow analysis. Ms. Rogers has substantial experience in high conflict custody litigation involving sophisticated psychological issues. She drafts premarital and postmarital agreement designed to define and establish parties' separate and community property interests. Paternity cases and domestic violence matters are considered part of her practice. Ms. Rogers is a court-approved and court-appointed to represent minor children.Ms. Rogers consults with individuals concerned about entering or exiting a relationship. She advises effective strategies for dissolution or premarital planning. Knowledge is power and good planning affords better results.Specialties: Family Law Specialist, Certified by the State Bar of California
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