It has been proposed that morphological defenses against predation have demographic costs. We measured the cost of a predator-induced morphological defense, using predaceous phantom midge larvae Chaoborus americanus (Insecta, Diptera) and the prey species Daphnia pulex (Crustacea, Cladocera). The induced defense is a neck tooth (and other pleiotropic structures) developed in juvenile D. pulex in the presence of C. americanus. Laboratory life table experiments, in the absence of predation, indicated the population growth rate of typical D. pulex was 11% to 39% greater than that of D. pulex exposed to C. americanus extract, or C. americanus-conditioned water. The reduction in population growth rate was most frequently associated with an increase in the time between birth and first reproduction. Induced individuals required twenty more hours at 23°C, and twenty five more hours at 20°C, to develop to the age of first reproduction. Under limiting food conditions age-specific survivorship and the number of offspring produced per female by the induced form were reduced relative to the typical form. As a result, the difference in population growth rates among forms was greater at the low food level as indicated by a highly significant food by form interaction effect. In addition to neck teeth and lowered reproductive rates, the offspring of induced form individuals had significantly longer tail-spines (7.2-7.5%), and primiparous adults from the induction treatment were significantly shorter than controls (3-8%).