It now costs £51,000 to raise a child – and that’s not including school fees!

Parents will spend more than £51,000 on their child from birth to the age of 18, a study has revealed.
Clothes, shoes, after-school clubs and presents make up around half the total.

Then there is also money spent on toys, books, gadgets and haircuts, which pushes the cost up to £2,775 for each child every year.

Driving lessons and help with buying a first car add £1,648 to the figure, which totals £51,575.

Andy Oldham, managing director of Quidco.com, which commissioned the study, said: ‘Everyone expects children to leave a dent in your pocket, but it’s staggering to actually see the figures in front of you.

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About dbda
dbda is a corporate social responsibility consultancy embracing education and safety in the community. We are privileged to work with a large number of blue chip corporate clients, Government organisations, charitable bodies, Institutes and local authorities. We also have a network of schools, professional bodies, associations, universities and partners, with whom we regularly work in collaboration.

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