Schooling Costs Parents £14k
Parents spend a staggering £1,300 each year on everyday costs associated with putting each of their children through school.
The cost of schooling an average child can add up to thousands of pounds for parents, according to new research.
Figures from Norwich Union show that the total average cost of sending a child to state school up to the age of 16 is now just over £14,000 compared with £10,000 in 2002.
The biggest amounts each year are spent on things such as transport, costing around £301 per child, food, £270 per child, and shoes, £70 per child.
"Over £1000 of parents money gets spent per child each year just covering the everyday costs of sending our children to school," said Simon Quick from Norwich Union.
"This quickly racks up for families with two or three children and with an increase of £200 per child a year over the last four years, parents need to consider the increasing needs and demands of our children!"
Mobile and internet technology is a relatively new cost for parents adding up to around £550 over a child's school lifetime.
"It's important to allow for these costs when managing your finances. If parents do their school sums now, they'll know what they need to put aside and be more prepared for the future."
