Users' questions

How much does it cost for one child?

How much does it cost for one child?

In the US, the average cost of raising a child through the age of 17 is $233,610. This figure is based on data compiled in the most recent Expenditures on Children by Families report completed by the United States Department of Agriculture (USDA).

What is the average cost of a dependent?

According to a 2017 report from the U.S. Department of Agriculture, the average cost of raising a child from birth through age 17 is $233,610.

How much does a child cost each month?

Parents, on average, spend a little over $750 per child per month during the school year and an average of $834 for summer child care, according to a May survey conducted by YouGov on behalf of Bankrate among nearly 3,500 adults, including roughly 700 parents with children under age 18.

How much do I need to support a family of 4?

The Family Budget Calculator estimates that family of four will pay $1,663 a month for housing, $830 for food, $1,223 for child care, $1,159 for transportation, $795 for health care, $1,006 for other necessities and $1,016 for taxes.

How much do I need to make to have two kids?

While a single parent with one child can manage on just over $45,000 a year in Alabama, for example, it takes at least $62,000 a year to make ends meet in California. If the family has two children, those numbers rise to $56,000 and $74,922, respectively.

Are sons or daughters harder to raise?

Since 1947, Americans have been consistently more likely to say raising boys is easier than raising girls, but by varying margins. When Gallup first asked this question in 1947, 42% of Americans named boys as easier to raise, 24% named girls and 24% volunteered that there was no difference.

How many toddlers can one trained adult care for?

Infant (younger than 12 months) 1 trained adult should not care for more than 3–4 infants. No more than 6–8 infants together in a group. 2 trained adults should always be present in a full group of 6–8 infants. Young toddler (1–2 years) 1 trained adult should not care for more than 3–6 young toddlers.

What are transportation costs for families with more than one child?

For families with more than one child, we assume the additional children are ages 8, 12, and 16, respectively. Transportation expenses are a combination of the costs of auto ownership, auto use, and transit use.

How is the cost of child care calculated?

Child care expenses are based on costs of center-based child care and family-based care for 4-year-olds and school-age children, as reported by the Child Care Aware of America. We assume all families in urban areas use center-based care and all families in rural areas use family-based care.

What is the maximum number of children in a group?

The maximum number of children in a group is called the group size. Ratio and group size are two factors that are critical to your child’s health, safety, and development.

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