Video: Raising quarter-million dollar kids

  1. Transcript of: Raising quarter-million dollar kids

    BRIAN WILLIAMS, anchor: The government is out tonight with its annual report on the cost of raising a child from birth to age 17. For a middle-income family, a baby born in '09 to feed, clothe, shelter, keep healthy, to entertain that child, it'll cost $222,360. Remember, that is just till age 17. Those costs don't include four years of college.

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    Raising quarter-million dollar kids

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    Cost of raising a child can run up to $475,680

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