It’s been estimated that the hourly cost to parents for raising a child from birth through age 18 is $1.58. Whether this is shocking or pleasantly surprising depends on individual circumstances, but it certainly is useful, allowing parents to calculate – down to the penny – how many hours their kids will need to work around the house or in some illegal, downtown sweatshop to pay for themselves.*
For comparison, other hourly costs:
*When calculating, please keep in mind that in most states parents can legally take any money their kids earn until age 18, which is especially good news for parents who pimp their kids out to Hollywood , because if they wind up with the next Hannah Montana they could enjoy a substantial return on their $1.58 per hour “investment.”
