Raising a child in Ireland now costs €169,000

It now costs €169,000 to raise a child in Ireland

The child cost figures, which cover the years to 21, have been revealed in a new survey

From Communion to college: It now costs €15k per year to raise a child, survey finds

It’s a 39% increase in the last 10 years.

Raising a child in Ireland now costs €169,000

A new survey shows a dramatic increase in the cost of raising a child - from birth to the age of 21 - in Ireland.

The cost of raising children soars to astronomical figure

Get ready to tighten the belt if you’re planning to have children – they now cost a massive €169,000 each to raise from cradle to college. The costs have risen by over €63,000 in just ten years, a 60% increase, which was described by one family finance expert as ‘dramatic’. The first year of a child’s life is the most expensive and eats up almost a quarter of the child-rearing bills. Finance expert and mother of two, Kel Galavan, said: ‘There wa…

According to Statistics Canada, the average cost of child education is close to $300,000, up to 17 years of age only. Post-secondary education is not included, and how many youth are fully self-reliant at 17 years of age?

Cost of raising a child up 60% in past 10 years

The cost of raising a child in Ireland has increased by 60% over the past decade, research from Laya Life has found. The insurer's Cradle to College Cost Index shows parents are having to spend an extra €63,500 to cover the cost of raising a child to the age of 21 compared to 2015. Laya estimated the cost at €169,372.85 following a survey of 1,000 parents, who said the first year of a child's life and their teenage years are the most financially…