Raising a child is getting more expensive.

This year, the average parent will spend $501 per child on back-to-school stuff alone, according to a Deloitte report.

Ninety-seven percent of parents plan to buy back-to-school clothes, and even more--98%--say they will buy school supplies. Clothing cost an average of $284 per child, and supplies $104. Computers and hardware make up the most expensive category of back-to-school spending, with parents spending an average of $284, but only 23% of parents will buy in this category.

More of What's Trending on TheStreet:

More from Education

TheStreet Rewind: How to Make 'New Fashioned Wall Streeter'; Twist on a Classic

TheStreet Rewind: How to Make 'New Fashioned Wall Streeter'; Twist on a Classic

How to Wire Money Safely, Affordably and Quickly

How to Wire Money Safely, Affordably and Quickly

Best Ways to Save for Retirement - Even When You're Living Paycheck to Paycheck

Best Ways to Save for Retirement - Even When You're Living Paycheck to Paycheck

The 'Hidden Tax' That's Hiking Your Student Loan Costs

The 'Hidden Tax' That's Hiking Your Student Loan Costs

Back on Track: Recovering From Bankruptcy

Back on Track: Recovering From Bankruptcy