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[quote=Anonymous][quote=Anonymous]How much do you spend on your child each year? The Washington Post says it's about $17K per year, which is about $25K of taxable income. Does that seem low, especially with private school costs.

The article: From the day your baby is born until the day they turn 18, your family will spend about $310,605 — or about $17,000 a year,

I think it's more like $50K-$75K a year in the DMV. How much do you spend in the DMV per kid?[/quote]

I think some years are more expensive than others, and I also think the $310k includes things like needing an additional bedroom in a house, needing a bigger car/second car, increased utilities and food: all the increased costs that it's difficult to parse out but certainly do happen.

Right now, DD is in public preschool.  We spend ~2k/year on "activities" both formal and one-off visits to play places, maybe the same amount in clothes + food (specifically for her) combined, $2k on all toys/presents, some amount that is not negligible on insurance (DH carries it so I'm not clear on the cost but whole family is higher than +spouse), and more like $10k on increased travel costs - plane tickets, second hotel room or bigger Airbnbs on trips, etc.  But we're going on a bunch of trips this year including a biggish one, so that wouldn't normally be so high.  We could be lower, or we could be much higher (nanny, private schools, etc).[/quote]

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