Friday, October 12, 2012

The Cost of a Child in the 21st Century

A report published by The Child Poverty Action Group (CPAG) in the UK aims to show for the first time how much it costs to provide children with a minimum level of participation in society, as well as catering for their needs in terms of food, clothes and shelter.

Key findings are:
  • It costs £143,000 in total to bring up a child to age 18 and meet their minimum needs, which is around £150 a week. 
  • The basic cost of raising children has risen faster than inflation. 
  • State support fails to ensure basic physical needs are met. 
  • A full-time job on National Minimum Wage is not enough to meet minimum costs for children.
Wonder how other countries would fare...

Via Play England.

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