And that doesn't include college
(NEWSER) - Raising that little bundle of joy will come with a not-so-cute $204,060 price tag for middle-income families, according to a new government study. Factoring in inflation, the parents of a child born in 2007 can expect to spend $269,040 by the time that baby turns 18. Actual costs vary according to income and location, with the urban West the most expensive region to raise children and rural areas the least expensive. And, of course, the little darlings become more expensive as they get older. More»