This tool helps answer the questions:
  1. How much will it cost to raise a child? What type of expense should I consider?
  2. I want to include both the inflation and personalized expectation into the growth rate assumption, how much will the expense grow every year?
Monthly expense & annual growth
clear
Age Monthly Annual %

According to USDA estimate, parents of a child born in 2015 may expect to spend $284,570 to raise a child through age 17, excluding the cost of a college education.