How much money do you need to raise until the child grows to 20?~America~

 According to a USDA report on "Family Spending on Children," the average annual childcare costs for middle-income families in 2015 ranged from about $13,000 to $18,000, excluding college costs. This estimate considers housing, food, medical care, transportation, childcare, education, and miscellaneous expenses.

 

Over a 20-year period, these costs are estimated to average about $260,000 to $360,000 per child. It should be noted, however, that these figures are averages only, and total costs could vary significantly depending on individual circumstances.

 

It is also worth noting that these estimates do not include the cost of college education, which is a large additional expense. It is recommended that separate planning and savings be made for education expenses.

 

Overall, the costs of raising a child to age 20 in the U.S. can be substantial, and it is important that families consider their financial situation, budget, and plan to ensure that their child's needs are met.

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