Property News · August 19, 2013

Cost of raising child in UK increases 4% to nearly £150,000


Child Poverty Action Group finds cost of raising child to age of 18 has increased well above rises in earnings and benefitsThe minimum cost of raising a child to 18 rose by 4% over the past year to almost £150,000 – well above rises in earnings and safety net benefits, research shows.It now costs a total of £148,105 – about £160 a week – for two parents and £161,260 for a lone parent to cover food, clothing, heating and other expenses, a Child Poverty Action Group (CPAG) report found. Continue reading…

Source : theguardian.com
Read more…Cost of raising child in UK increases 4% to nearly £150,000

You may also like...