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Cost Of Raising a Child Increases 40 Percent, No Wonder More Women Are In Poverty

Cost Of Raising a Child Increases 40 Percent, No Wonder More Women Are In Poverty

 

Feel like it’s getting harder and harder to make ends meet these days, especially if you are raising a family?  It’s not your imagination.  According to the U.S. Department of Agriculture, the cost of raising a child have increased dramatically — 40 percent in just the last 10 years.  Everything that is associated with trying to care for a family, be it child care, gas, food costs, medical insurance or even clothing has shown a large increase that by far has outpaced inflation, even as the recession has continued and wages have remained nearly stagnant.

The cost of raising a child for just one year is now nearly $14,000, compared to the just under $10,000 it cost back in the year 2000.  And as that $4000 a year builds up over time, you are looking at a nearly $60,000 increase in spending just to get your child to age 18.

And we aren’t even talking about college.

It’s difficult enough to meet these expenses with two incomes, but for the 25 percent of children who live in single parent households, most of them women, it grows even harder.  Single parent and especially women headed households have a much higher rate of poverty, primarily due to child care costs and lack of other resources that could financially support these families — resources that are being cut daily in the name of state and federal fiscal management.  In fact, 40 percent of households headed by women are currently in poverty.

If child rearing costs continue to raise at this rate, expect that number to grow even greater by the time the next decade ends.

 

Related Stories:

Women Are 40 Percent of Workforce, But Just 1 Percent of Wealth

Big Jump In Unplanned Pregnancies For Poor Women

Women Still Losing In Pay, Now Gaining In Health Problems

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66 comments

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8:00AM PDT on Sep 26, 2012

Women should have control over who they have sex with. Maybe they should tell their boyfriends "no" until the wedding. Or extract a promise to pay child support. I mean, where are the fathers?

As the Federal Reserve (which is a private entity, not a government entity, and exists to protect the banks, not the people) prints more money (think QE1 and QE2, and now QE3), they will necessarily cause much inflation. That will result in more poverty among the poor; disadvantaged, including single parents, most of whom are women; and elderly on fixed incomes.

In the end, it's up to us to protect ourselves. This is a general principle in life. Women can protect themselves and their children from poverty by getting an education and decent job and by insisting the child's father support their child (the easiest way to accomplish that is to not have sex before marriage).

2:34PM PDT on Sep 25, 2012

people as in women cant restrain their family size if they're forced into poverty and not given the health care needed to prevent pregnancy...

2:09PM PDT on Sep 25, 2012

Well just because a woman has children doesnt mean she meant to have them or made the choice. Because remember, women do not have full control over their bodies. Only rich women who can afford health care and birth control are able to do so. For women in poverty, they have no birth control, and they are forced into bearing too many children AND OR go through with an abortion. Also, for those of you who blame these women for being poor because they have children doesn't make sense. Poverty is socially constructed. As long as there is a hierarchical need for a superior race or class, a population of people will then be forced to fall into the inferior catagory. And because America has is morals backwards, its those who are colored or a woman that are usually put into the lower class...

9:31AM PDT on Sep 25, 2012

I am surprised that in all of the comments that I see here, none seem to be asking the obvious questions. Why has this cost gone up 40%? Interesting that this is almost identical to the 39% of money that has, in the same period, disappeared from the Middle Class. Interesting that this has occurred when jobs have been disappearing to "low wage" countries so we will have cheaper clothes, etc. Why are food costs going up when Monsanto is telling everyone that their GMO crops are producing more food at lower cost? Why are healthcare costs going up so fast in the U.S. and severally impacting insurance costs? (see previous question)

And why should we be concerned about this deadbeat 47% of the country who does not pay taxes? That is not my question of course. That is Romney's question - you know, the guy from Bain Capital who will not release his tax returns.

3:46AM PDT on Sep 25, 2012

Hvala na clanku.

11:59PM PDT on Sep 27, 2011

Thanks for thr GREAT(?) news!

1:38PM PDT on Sep 26, 2011

"Yes, the cost to parents is rising. What pisses me off is the cost to the members of society who have been responsible by not having any or having only those they can afford."

Thank YOU Jeffery. Well said....

I am going to add that I know many who get back more then $3000 at the end of the year when they itemize their taxes as head of household and are single. Instead of spending this on a shopping spree it should go to raising your child. Those who would like to argue this fact obviously do not work in retail at tax refund time.

1:10PM PDT on Sep 26, 2011

@Brian M. - I completely agree!

9:02AM PDT on Sep 26, 2011

I sincerely hope this article encourages more women to take greater control of their biology and their lives and just say "NO. I am much, much more than just a baby factory." Millions of women in the U.S. and around the world have decided to forgo the expense and hardship of child-rearing. At a time when the planet is already severely overpopulated, women should be free to enjoy the child-free lifestyle.

http://www.happilychildfree.com/

http://www.thechildfreelife.com/

http://child-free.com/

9:28PM PDT on Sep 25, 2011

That is why families need duel incomes now. Society ran when moms were moms and housewives, but that's not affordable anymore. Now, you'll either work so much you'll never see your kid and you'll pay someone else to raise it, or you'll rely on assistance.

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