Approximately how much does it cost an average two-parent,two-child family to raise a child to age 17?

Question

Quizplus · Accepted Answer

According to a report by the United States Department of Agriculture, the estimated cost of raising a child born in 2015 through age 17 for a middle-income, two-parent family is $233,610. However, adjusting for inflation, the estimated cost is $221,000. Therefore, choice D ($221,000) is the best answer.

Approximately How Much Does It Cost an Average Two-Parent,two-Child Family