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To raise a child born in 2013 to the age of 18, it will cost a middle-income couple just over $245,000, according to newly released estimates from the U.S. Department of Agriculture. That's up $4,260, or almost 2%, from the year before. Estimates can vary widely depending on where you live and how much you earn.
Tweet. According to a recent report from the USDA, the average cost of raising a child from birth to age 17 for a middle income family currently stands at $222,360 (in 2009 dollars).nterestingly, when compared to the results from 1960 (the first year in which the USDA made such estimates), the cost of children has gone up significantly. More specifically, when expressed in 2009 dollars, the cost of raising a child from birth to age 17 in a middle income family back in 1960 was $182,857.