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How Much Does it Cost to Raise a Child? (Video)

I’m one of those people that make faces when asked if I want to have children. Oops. I don’t mean too. I don’t hate kids… I’m just not ready. And they seem like a lot of work.  As if I wasn’t already adverse to having kids, new statistics give me more of a reason to be not so into it– kids are freakin’ expensive!

Each year, the U.S. Department of Agriculture issues new stats on the cost of raising a child from birth to age 18. The latest report says the average cost is $226,920 — up 40%, or roughly $60,0000, from a decade ago CNNMoney reports.

And that’s pretty much just the basics! Food, clothing, shelter– not including college.

Wow. Definitely makes me appreciate my parents. 3 kids?! How in the world did they do it?

Want to know how much your kids cost? Get a more personalized view with the USDA’s  cost of raising a child calculator.

For some tips on saving money when you’re raising kids, check out this video from the TODAY show.

Visit msnbc.com for breaking news, world news, and news about the economy

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