Child costs hit £143,000 warns charity

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Published by Max Salsbury for 24dash.com in Communities and also in Finance

New research has revealed that the costs of bringing up children have risen sharply, and that it now costs £143,000 to bring a child up from birth to age 18.The report by the Child Poverty Action Group shows that the basic cost of raising children has risen faster than inflation in recent years.The research, which was funded by the Joseph Rowntree Foundation, found that childcare can add as much as £60,000 to the total cost of childhood. The main state support for childcare costs is thr...

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