Past Parenting.SE questions have asked about the affordability of having a child but didn't provide a specific estimate of what it actually costs.
I found this USDA report, which estimates the cost of raising a newborn child from 0 to 18 by a two-parent family to be around $250,000. But that number doesn't provide much in the way of a range of estimates.
For example, is it likely that my expenses will be between $230,000 and $270,000, or is it more like it'll be somewhere between $100,000 and $400,000? That variability is important -- there's a big difference between needing to spend $270,000 and $400,000!
So, the single-point estimate doesn't tell me much in terms of how expensive it really is to raise a kid. Obviously every child is different, but are there any citations that can provide more of an expected range for whether I can responsibly afford it?