NEW data has revealed that parents spend a staggering £28,000 raising a teenager, more than two thousand pounds higher than the average UK salary.
Excluding household costs such as food and energy bills, parents typically estimate the average cost of raising a son or daughter from the age of 13 years old to 19 years old is £28,767, according to Aviva.
Birthdays, special occasions, holidays and gap years, food and drink outside of the regular supermarket shop, clothing and pocket money make up the biggest chunks of the cost.
Parents say they spend just over £4,100 a year on raising a teenager on average, with the most expensive period being when their child reaches 16 years old, costing around £4,800.
What do you think? Are these figures accurate?
How much do you spend on your children?
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