For all new parents, sleepless nights and smelly diapers are two certainties they can expect. For parents of kids born in 2015, they can also add $233,610 to their list of expectations.
That's right. According to a new study by the Department of Agriculture, the estimated cost of raising a child from birth to high school graduation is as much as $14,000 annually.
That's a 3 percent jump from 2014, meaning if you're expecting a baby now, you better save up because a baby born this year will likely cost even more to raise.