The high cost of bringing up children in Jersey
Wednesday 30th January 2013, 5:30PM GMT.
THE average cost of bringing up a child in Jersey is almost £450,000 – nearly double the UK figure, according to new estimates.
It was recently revealed that bringing up a child from birth until their 21st birthday in the UK costs £222,000.
However, a financial adviser in Jersey estimates that to be nearer half a million pounds for parents in the Island who send their children to fee-paying schools and fund them through university.
The full story – including a breakdown of the estimated costs – is in today’s JEP.