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Raising a kid born in 2013 will cost you $245K — or double if you’re in New York
New York Post ^ | 08/19/2014 | David K. Li

Posted on 08/19/2014 6:12:04 PM PDT by SeekAndFind

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To: SeekAndFind

That must mean “You” and me , the taxpayers, paying that much to raise breeders 6 or 7 kids.


21 posted on 08/20/2014 6:55:53 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: Celerity

If you use daycare for a baby, you could end up paying $250 a week in childcare or $10K per year. And that much in medical bills, depending on your health insurance.

My kids are a little older. We pay around $200/month groceries, $800/month childcare, $200-300 per month for entertainment and activities and cable TV. If I attribute a portion of the utilities to them, that’s $100/month. So $1300 a month or $15,600 a year - for two kids. That’s around 8K per year per kid. Childcare was much higher when they were in diapers, and education was a big chunk when they were in private school. I’m not counting private school tuition in this total.

If I add in family health insurance versus just two adults, maybe we’re up to 20K per year for TWO children. 10K each for basic expenses, some of which like music lessons and school activities are a choice.

A large part of the “20K per year” assumes you get a much bigger house when you have kids and buy a bigger, expensive car. We don’t.


22 posted on 08/20/2014 7:35:52 AM PDT by tbw2
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To: MichaelCorleone

Home school defense league HSDLA’s list of local home school support groups

http://www.hslda.org/LandingPages/local-groups.asp


23 posted on 08/20/2014 7:37:21 AM PDT by tbw2
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To: tbw2

Ah, Daycare. That was the missing piece in my puzzle.

That stuff is expensive.


24 posted on 08/20/2014 9:24:49 PM PDT by Celerity
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To: Celerity

Quality infant daycare in a major city can cost $1200-1500 per month. It drops to $900-$1100 when they are walking, $800-$1000 if toilet trained.
Pay a grandmother staying at home with a grandkid to watch one more, you pay half that.


25 posted on 08/21/2014 4:55:14 AM PDT by tbw2
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