How much does it costs to raise a child?
New research shows parents are spending an average of £35,000 on their children by the time they get to five years old – and that’s not a small amount, by anyone’s calculations.
On average, that works out at around £6,990 a year or £586 a month.
This adds up to a total of more than £28 billion being spent on the nation’s four million under-fives each year.
More by this authorPaul Fisher