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IS IT REALLY WORTH IT? $245,340: Cost of raising a child born in 2013

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New parents beware: Your little angel is going to cost you a bundle.

A middle-income family with a child born in 2013 can expect to spend about $245,340 for food, shelter and other expenses up to age 18, an increase of 1.8% from 2012, the Agriculture Department said.

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