25 Feb 2019

The cost of raising children

From Afternoons with Jesse Mulligan, 1:38 pm on 25 February 2019

Choosing to have children can be a blessing but it can also be expensive, there's clothing and shoes, food and health care to think of. 

Many parents go to work but there's another cost with that - child care. New research shows the cost of raising a family has risen more than 60 percent in the last five years, and the biggest cost is child care. 

IBIS World Analyst Hayley Munro-Smith breaks down the costs for us.

Couple at home with new baby

Photo: 123rf

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