childcare costs

Cost of raising a child hits nearly £200,000

12th May 2026 Consumer Collections | #childcare costs #featured

New research by MoneySuperMarket shows that raising a child in the UK costs anywhere between £143,412 and £500,982, depending on the childcare and schooling choices families make. By combining the latest Office for National Statistics (ONS) data with a new survey of UK parents, MoneySuperMarket’s analysis shows how underestimated the financial commitment of parenthood really is. Even when families can opt out of pre-school nursery…

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childcare costs

Cost of raising a child hits nearly £200,000

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