It is expensive to have kids. No surprise there, but the costs keep rising. The latest analysis from the U.S. Department of Agriculture reveals that middle-income families with a child born in 2012 can expect to spend about $241,000 on expenses over the next 17 years. Housing is the biggest expense, but after that it’s childcare. Emily Griffey, a senior policy analyst with Voices for Virginia’s Children, says the federal sequester cuts have meant fewer options, including 800 fewer spaces in Head Start programs this year.
Child Care Costs Continue To Rise