盧教授在美國的22年生活分享

Willie LU, 92年出國,在美國舊金山灣區生活和工作了20多年,曾是聯邦FCC顧問,現在已退休,有空做些投資,古董生意等。
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how much to raise a child from born to 18 yrs-old in Bay Area

(2016-02-12 09:02:13) 下一個

I tell you how much to raise a child from born to 18 yrs-old in Palo Alto, Cupertino or Saratoga:

 

Based on USDA data, average food and nutrition cost to raise a child to 18 yrs-old is about $250K (no private schooling and private programs).

Average parent spent at at least $1500/month for private tutoring from Grade 6 through Grade 11. So total is: $108K.

Average patent spent about $50K for computers, game devices, play devices and other devices through 18 yrs-old.

Average parent spent about $50K for vacations and travels through 18 yrs-old.

Average parent spent about $20K for visions, dentals, etc through 18 yrs-old.

So, 
for public schooling through 18 yrs-old, each child costs about $478K.
for private schooling through 18 yrs-old, each child costs about $650K ~ $700K.

Normally each family has two kids, so total cost is about $1M (for K-12 only, not including college).

 

Salute to all the great parents!!

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