A British study has shown that raising daughters is more expensive than raising sons.
Girls cost on average more than £28,000 ($45,800) to raise. Boys cost on average around £26,000 ($43,000).
Researchers found that parents spend over £2,126 ($3482) annually on clothes, shoes, presents, activities and club memberships for their daughters. That amounts to over £28,000 between the ages of five and 18.
Sons cost their parents around £2000 a year or £26,000 between five and 18.
The study was conducted by lovemoney.com.
Ed Bowsher is lovemoney’s Head of Consumer Finance. He commented on the survey results, saying:
“Everyone knows that bringing up a child is expensive. But it’s interesting to see that those with daughters will end up forking out more cash in the long-run. I’m sure a lot of it is down to a girl’s love of clothes and fashion, while the dance classes also add up to a lot over the years. Unfortunately, it seems there never is a ‘good’ time to start a family, especially if you end up with a family full of girls. Even once they reach their late teens, it doesn’t get any better, with parents forking out for driving lessons and even helping towards their first car.”
Three thousands parents took part in the study and revealed that the bulk of the money spent on raising kids was spent on children’s hobbies and sports, such as swimming, dancing, horseriding or football.
Parents spend around £556 annually on club memberships and lesson fees for their sons. That adds up to around £7,223 during a boy’s childhood. Parents spend more than £603 a year, or £7,846 over the course of a childhood, for similar memberships and lessons for their daughters.
On average, sons are given £2,061 in pocket money during their childhood while daughters receive more than £2,162.
Daughters get clothes to a value of £2,030 during their childhood while sons have £1,891 spent on their outfits. School uniforms and sports kits for girls cost more than £1,040. The same gear for sons costs less than £975.
Unsurprisingly, girls have more spent on them than boys when it comes to accessories and trips to the hairdresser. Hats, shoes, bags and other accessories for daughters cost nearly £900 whereas sons cost less than £650. Hairstyling for girls costs more than £695 compared to a boy’s childhood haircuts at less than £560.
Presents and parties add to the costs of raising sons and daughters and here there is a little more equality. Boys and girls both receive around £99 worth of birthday presents annually during their childhood. More, though, is spent on sons at Christmas – £154 on average, compared to a daughter’s presents worth £142.
Daughters’ have more expensive birthday parties than sons however. Parents will spend around £75 each year on their girls’ parties. That adds up to £980 over the course of a daughter’s childhood.
Boys’ birthday parties, on the other hand, cost an average of £66, or £865 during their childhood.
Daughters learning to drive cost more than sons. Driving lessons for daughters cost £125 before a driving licence is awarded while the comparable figure for sons is £105. Girls get £675 towards the cost of their first car. Boys get just £539.
A supplement of £2000 – or $3200 – to raise a daughter rather than a son may not sound like much over the course of an entire childhood. But it depends of course on how many children you have, and how many of them are daughters…