Essentials
What is the average cost of diapers per year?
$1000.00
On average, full-time daycare for an infant costs this much per year in the U.S.
What is $15,000?
The average cost of school supplies each year for one child.
What is $500?
The cost of delivering a baby in the U.S. averages this amount, without insurance.
What is $10,000?
The average cost of sports registration fees per year for a child.
What is $300?
This expense includes food, clothing, and housing?
What are basic necessities
Many families opt for this form of in-home childcare instead of daycare.
What is a nanny?
The annual expense for public school transportation such as a bus or metro card.
What is $300?
Annual out-of-pocket healthcare expenses for a child can range from this amount to this amount.
What is $1,500-$3,000?
Music lessons can cost this much per year, depending on the instrument and location.
What is $1,000-$3,000?
The average cost of feeding a child until age 18 is approximately this amount.
$36,000.00
The annual cost of after-school care for children of elementary age.
What is $5,000-$10,000?
This type of schooling typically costs between $8,000 and $15,000 per year.
What is private school?
This federal program helps low-income families cover healthcare costs.
What is Medicaid?
Summer camp programs can cost families between this range per week.
What is $200-$1,000?
The biggest monthly expense for raising a child is typically this.
What is housing?
The cost of hiring a babysitter is usually calculated based on this.
What is an hourly rate?
On average, extracurricular activities like sports or music can cost a family this much annually.
What is $1,000-$2,500?
Regular doctor visits for a child typically occur this many times a year.
What is 3-4 times a year?
The cost of travel for competitive sports or activities.
What is $2,000-$5,000 annually?
Name two unexpected essential expenses that may arise when raising a child.
What are emergency medical bills and car repairs?
Many parents rely on this government benefit to offset the high cost of childcare.
What is the Childcare Tax Credit?
The average cost of college tuition at a public, in-state school per year.
What is $10,000-$20,000?
A child’s healthcare costs are higher during this life stage.
What is the first year?
Extracurricular activities help children develop these two important skills.
What are teamwork and time management?