The cost of raising a child varies from country to country.According to Globalissues.org, "Almost half the world over three billion people live on less than $2.50 a day." This statistic includes children. On this number, it costs roughly US$900 to raise a child for a year, and US$16,500 to raise a child from birth to age 17.[original research?] Half of all children in the world live in poverty.Based on a survey by the U.S. Department of Agriculture, the table below shows the estimated annual costs of raising a child, The table shows costs based on a family with two children on a per-child basis. The data comes from the Consumer Expenditure Survey by the U.S. Department of Labor, conducted from 1990-92. The figures have been updated to 2001 dollars using the Consumer Price Index.These figures from the USDA go up to age 18 and before any college education.
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