The annual Cost a Child Report [1} from protection and retirement specialist LV=, reveals the cost of raising a child from birth to their 21st birthday now totals a record £218,024. This equates to £10,382 a year, £865 a month or £28.44 a day.
The report shows the overall cost of raising a child has increased by 3.3% in the last year with education and childcare remaining the biggest…