Cost of raising a child hits £150,000

iStock_000005361710_ExtraSmallRecent research conducted by the Child Poverty Action Group (CPAG), has revealed some families could face financial hardship, as the cost of raising a child, to the age of 18, has hit £150,000. The report reveals:   It now costs £148,000 to raise a child to the age of 18 The cost of raising a child has risen by 4% The value of both child benefit and tax credit fell in real terms last year Families with children are at higher risk of falling into poverty, than those ...