Bring in a new human being into the world and need to do some budgeting.
Southern California, suburb of a major city.
One income household with both parents.
Don't know who will be watching the child, depends on budget and if the other parent needs to work..
In the United State, living in a upper middle class society, what is the average cost of raising an infant, at each year (for the first 5 years before schooling starts)?
For example:
Average cost at age 1:
Average cost at age 2:
Average cost at age 3:
Average cost at age 4:
Average cost at age 5: