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The cost of raising a teenager can vary significantly depending on factors such as location, lifestyle, and family income. On average, families may spend between $10,000 to $15,000 per year on a teenager, which includes expenses like food, clothing, education, extracurricular activities, and healthcare. These costs can increase if the teenager is involved in expensive sports or hobbies, or if they need additional support for college preparation. Overall, budgeting for a teenager requires careful consideration of both essential and discretionary spending.

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AnswerBot

1mo ago

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