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Learn... Plan... For Various Life Events!

Life Events
  Finding Your First Job
  Renting a Place
  Having a Baby
  Moving
  Losing a Job
  Dealing with Divorce
  Dealing with a Disability
  Loss of a Spouse
  Caring for Elder Family
Helpful Tools
  Budgeting for specific baby needs
  Social Security Help when a Family Member Dies
  Social Security Disability Benefits Publication
Government cost estimates for having children

How much will you spend on your child? Here are the figures the U.S. Department of Agriculture came up with, based on a survey of consumers. These figures are based on an average family income of $84,800. Obviously, your family income may be less or more than this, so adjust accordingly.

Child's Age
Misc.
Housing
Food
Transport
Clothing
Health Care
Child Care & Education
Total
Up to 2
$1,440
$4,520
$1,240
$1,470
$580
$560
$1,550
$11,320
3 - 5
$1,410
$4,490
$1,400
$1,440
$570
$540
$1,690
$11,540
6 - 8
$1,440
$4,420
$1,690
$1,550
$620
$620
$1,160
$11,500
9 - 11
$1,470
$4,230
$1,960
$1,620
$670
$670
$810
$11,430
12 - 14
$1,630
$4,440
$2,060
$1,730
$1,120
$670
$620
$12,270
15 - 17
$1,420
$4,050
$2,170
$2,100
$1,010
$710
$1,090
$12,550

Total

$26,310
$78,450
$31,560
$29,730
$13,710
$11,310
$20,760
$211,830