Study Reveals it Costs Over $220k to Raise A Child in New York City

Pix11

While some parents may describe raising a child as a priceless experience, a new study says that parenting adds up quickly in New York City.

Parents can spend up to $226,849 to raise a child in New York over 18 years, according to a Lending Tree study. While families in New York can spend an average of 20% of their income on their children.

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