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Having Children

Having Children

Cost of raising a child spirals to more than £230,000 – with inflation-busting childcare jumping 4.3% in a year. Bringing up a child in the UK costs almost a quarter of a million pounds, more than the price of an average home, research suggests.  Read more here.

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Cost of raising a child spirals to more than £230,000 – with inflation-busting childcare jumping 4.3% in a year. Bringing up a child in the UK costs almost a quarter of a million pounds, more than the price of an average home, research suggests.  Read more here.

Across the country, childcare costs increased by 4.3 per cent last year, the report said. In the past year, the cost of raising a child increased by £2,500. Over the past five years, the average cost of bringing up a child has increased by £13,000, the research suggests.

The most expensive years are between the ages of one and four, when parents spend an average of £63,224 on their offspring

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