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A recent report on the cost of raising children dealt a crushing blow to parents.
Analysis of the U.S. Department of Agriculture showed middle-income families with children born in 2011 can expect to spend $234,900 before inflation over the next 17 years. That should cover food, housing, education and child care and other expenses.
Middle-income families, for purposes of the report, earn between $59,410 and $102,870. Families earning less spend less; families earning more spend more.
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