After covering the cost of the first two children at $233k, the cost of each consecutive child goes down an average of 24 percent. Mark Lino, economist and the main man behind the cost-to-raise-a-child report, told CNN, As families increase in size, children may share a bedroom, clothing, and toys can be reused, and food can be purchased in larger economical packages. While 7 out of 10 Baby Center moms surveyed reported they were worried about the cost of having more children, don’t let that stop you from having a third, fourth, fifth, or even sixth baby.
Why it’s actually financially responsible to have more kids
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