Cost of a child

How much does it cost to bring up a child in the 21st century? This is not an easy calculation, and many different methods have been used.

However, the Minimum Income Standard produces a stable approach to estimating the additional spending that families need to incur as a result of having children, if they are to maintain a minimum acceptable standard of living. Since 2012, Child Poverty Action Group fund CRSP to make this calculation on an annual basis.

Latest publication

Hirsch, D. and Stone, J. (2022) The cost of a child in 2022. London: Child Poverty Action Group