20 years ago I read an article that stuck with me ever since … it detailed at the time that on average, whether you can afford it or not, it costs about $200,000 to raise a child to the age of 18.
So selling the kid would cut the parents losses over the 18 year period
The article I read at the time mentioned that this was the average bare minimum … like a single unemployed parent doing their best to raise and keep a child alive and fed until they were 18.
The cost is higher if there are two parents paying for expenses … and even higher if the parents have any bit of wealth
20 years ago I read an article that stuck with me ever since … it detailed at the time that on average, whether you can afford it or not, it costs about $200,000 to raise a child to the age of 18.
So selling the kid would cut the parents losses over the 18 year period
I mean… $10k a year for survival for one human? I guess that makes sense?
The article I read at the time mentioned that this was the average bare minimum … like a single unemployed parent doing their best to raise and keep a child alive and fed until they were 18.
The cost is higher if there are two parents paying for expenses … and even higher if the parents have any bit of wealth
I read something similar more recently, and it was about $250k then. It’s probably even more at this present moment
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that can’t be right (assuming USD), the highest US number I can find is 800k per child in San Francisco, but otherwise the national average is 300k.