The US Gov. Says It Costs $1,340 a Month for High-Income Families to Raise a Child--Why Are Some Men Paying 20 Times That?
October 2nd, 2007 by Glenn Sacks, MA for Fathers & Families
According to the latest U.S. Government estimates, the average family in the highest income bracket (average income--$112,000 per year) spends $1,340 a month to raise each child. Yet some men are paying 20 times that much a month in child support.
Most of this money is not going to the child, but instead to finance a wealthy lifestyle for the custodial parent. That's not the purpose of child support, which is supposed to be for the child.
To learn more about the cost of raising a child, see "Table 1. Estimated annual expenditures on a child by husband-wife families, overall United States, 2006" on page 18 (page 26 on the PDF) of the United States Department of Agriculture's Expenditures on Children by Families, 2006.
(Note: because it is more economically efficient to raise a child in a two-parent family than in two separate families, there are extra costs incurred by both the custodial and noncustodial parents when the mother and father are divorced or separated.)
[Families Against Confiscatory Child Support is the national voice for fair and reasonable child support. To learn more, go to www.faccsonline.org or contact them at contact@faccsonline.org.]
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