Report Shows Average Cost of Raising a Child up Nearly 2 Percent

USDA report says the price to raise a middle-income child through age 18 has risen to $245,340.
1:36 | 08/18/14

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Transcript for Report Shows Average Cost of Raising a Child up Nearly 2 Percent
Trending on our -- to next tonight a case of sticker shock for the American family the new cost of raising a child for middle income American family. More than -- wanted -- 45000. Dollars to the age of eighteen. A new government report shows it's up almost 2% of includes food housing child care and education through high school. But the report also finds the more children you have the chief for the cost because children can share clothing toys and bathrooms. And -- you never know what lies beneath a close encounter for a jet skier off Iceland. He and his friend were speeding along with suddenly in his path this parade of seawater a dark -- Bob. It is a humpback -- you can watch it again right now the two friends were not hurt. Neither was the -- And the special tribute today for one of our Rome after white house press conference the president saved the best for last. In this case someone who has been the heart and soul and ABC news around and -- I'm -- I'm -- -- the last question from. Somebody who after 41 years. I understand. Has decided to retire. And Compton. Everybody here knows is not only the consummate professional but. Is also just took a pleasure to get to know and we're gonna miss you. College football and Compton -- on the way and -- we're gonna miss you then.

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