3 ms·
> Each one costs $250k-$300k to raise 0-18 (per Brookings) without accounting for daycare, private school, or college. $250k / 18 years / 12 months a year = $1
by MuffinFlavored 3y ago
> Each one costs $250k-$300k to raise 0-18 (per Brookings) without accounting for daycare, private school, or college.
$250k / 18 years / 12 months a year = $1,150/mo on average to feed + clothe a child, take it on vacation, put it in sports, buy it school supplies, and take it to the doctor, deal with a broken arm, birthday presents, tutoring, etc.
About $265/week. Breakfast, lunch, dinner, snacks. Call it 3 meals a day. $37.95/day to raise a kid. $12.65/meal 3 times a day for 18 years. (that's 100% of the budget for food, obviously unrealistic). 80% of the budget is $10/meal 7 days a week before inflation.
- HWR_14 3y agoEaten at home, I cannot imagine a breakfast approaching $10. School lunches (the majority of lunches in any given year) average $4.33.