Cost Of Raising A Child In Ireland Rises To €169,000

A survey by Laya Life has found that raising a child in Ireland now costs €15,000 per year, which is an increase of almost 40% in the last 10 years.The first year of the child’s life and teen years have been found to be the most expensive, with the cost of pocket money increasing by 86% since 2015 to an average of €1,196 per year.Charlie Weston, Personal Finance Editor with the Irish Independent, spoke to Matt on The Last Word.Hit the ‘Play’ button on this page to hear the chat.