Average Cost To Raise A Child Born In 2010: $230,000

Diapers and baby food.  Clothes and toys.  Tuition.  Add it all up — and the USDA says you’ll spend $230,000 by the time they hit 18 — up 2% from last year.

The latest figure for raising a child is up two percent …largely because of higher costs in transportation, child care, education, and healthcare, a USDA statement said.

Cost for middle-income parents to raise child nears $230,000 | Reuters.