WASHINGTON, DC (WUSA) -- Parents with a baby born in 2012 will definitely have to bundle up their finances to rise the child for the next 18 years.

According to newly released statistics by the U.S. Department of Agriculture, parents will spend anywhere from $217,000 up to a half a million dollars for their care.

USDA What Does It Cost To Raise A Child

And, that total does not include the cost of college.

Read or Share this story: