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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,

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

This depends on your HHI and where your kids go to school. Our HHI is $150,000 and we have 2 kids in public school so obviously we don't spend anywhere near 50-75 per kid per year because we couldn't afford to. I don't know how much we do spend per kid per year but let's see: food, clothing, their share of housing costs/utility costs, health insurance/other medical expenses, other necessities like school supplies and hygiene items, then non-essentials like gifts, toys, books, outings, vacations, extras...it probably does wind up being about 17,000 per kid per year. I bet that's close to what we spend.[/quote]

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