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In 2023, the average cost of raising a child to the age of 18 is 500,000

author:Digital Observatory

Recently, the "China Fertility Cost Report 2022 Edition" released by "Yuwa Population Research" was released. According to the Report, the average cost of raising children aged 0-17 in all regions of the country is 485,000;

The average cost of parenting from the age of 0 to the bachelor's degree is 627,000 yuan.

In 2023, the average cost of raising a child to the age of 18 is 500,000

The average cost of childcare in Shanghai exceeds 1 million yuan (1026412 yuan), ranking first.

Beijing is a close second, with an average parenting cost of 968642 yuan for children aged 0-17.

The cost of childcare in Shanghai and Beijing is almost 3~4 times that of Tibet, Guizhou and other places.

The average cost of raising children up to the age of 18 in Zhejiang, Tianjin, Guangdong and Jiangsu exceeded 600,000 yuan, 720789 yuan, 716914 yuan, 652,570 yuan and 600863 yuan respectively.

According to the data released by the China Statistical Yearbook 2020, the per capita disposable income of residents in the country in 2019 can be estimated as the childcare costs of low-, middle-income and high-income families:

The average parenting cost of children aged 0-17 in low-income families, which account for 20% of the total population, is 116452 yuan;

The average cost of raising children aged 0-17 in middle-income families, which account for 60% of the total population, is 395453 yuan;

The average cost of raising children aged 0-17 in high-income families, which account for 20% of the total population, is 1208193 yuan.

It is clear that there are also large disparities in the cost of parenting for families at different income levels.

The cost of childcare for high-income families is more than 10 times that of low-income families.

In 2023, the average cost of raising a child to the age of 18 is 500,000

The report divides the cost of parenting into two parts:

First, consumer expenditure, including education expenditure and non-education expenditure. For example: childcare fees, tuition and miscellaneous fees, textbooks & extracurricular tutoring fees; Expenses for food, clothing, housing, health care and entertainment.

The second is non-consumption expenditure, including insurance, personal exchanges, donations, etc.

In 2023, the average cost of raising a child to the age of 18 is 500,000

Pregnancy + confinement period (yuan)

Pre-prenatal inspection + inspection cost: 1W+

delivery (vaginal delivery + painless or caesarean section + analgesic stick; Hospitalization fee): 1W+

If you choose special needs, prenatal inspection + production: 4W+

Sister-in-law: 1W+

Confinement Center: 3W+

Total: 5W~8W

Before the birth of the child, the basic expenses during pregnancy and after childbirth have reached more than 50,000 yuan, which is still when the pregnant woman is healthy and the birth is smooth.

0~2 years old

Milk powder + diaper wet and other daily necessities: 3000 yuan / month

Picture book + toy: 1000 yuan/month

Clothing: 500-1000 yuan/month

Vaccine + medical cost: 6000 yuan

Total: 15~20W

Considering the situation of dual-income families and no elderly care, plus the cost of asking an aunt, it is about 7000+ yuan / month, counting the early education class 10,000 yuan + / month, the cost before the age of 3 is about 60~800,000 yuan.

3~5 years old

Attendance at public kindergartens:

Tuition fee for public demonstration parks: 700/month

Tuition fee for public first-class schools: 225/month

Public secondary school tuition fee: 175/month

Attendance at private kindergartens:

Average price: about 10,000 yuan / month

Food fee: 500 yuan/month

Clothes + toys, etc.: 5000 yuan / year

Early education, interest classes, etc.: at least 25,000 yuan / year

According to the calculation of the first-class public park, the cost is about 120,000 yuan. If you choose a bilingual international kindergarten, the cost will at least double.

This is not counting those families who buy school district houses for their children, the price of school district houses in recent years is about 400-2000W, if you want to repay the mortgage monthly payment of at least 1W+.

6~14 years old

If you choose a public school, it is free;

If you choose a private school:

Tuition fee: 2.5W/semester

Food + accommodation + clothing, etc.: 2000 yuan / month

Interest class + tutoring class, etc.: at least 2W/year

Tourism, summer camps, etc.: 1W/year

15~17 years old

If you choose a public school: accommodation fee + tuition fee: 2000 yuan / year;

If you choose a private school:

Boarding fee + tuition fee: 2.5W/semester

Food, clothing, housing and transportation: 5,000 yuan / month

Tutoring classes, interest classes/winter, summer camps, etc.: 3W/year

When raising a baby in high school, children are "gold-swallowing beasts", rebellious, love stinky beauty, and love to compare anyone's mobile phone and computer style the latest, parents themselves dare not calculate how much money is spent.

Roughly calculated, it will cost at least 250,000 yuan +.

Globally, China's baby-raising cost is the second largest in the world, second only to South Korea.

According to the National Bureau of Statistics, the per capita GDP in 2019 was 70,300 yuan, which means that the cost of raising a child to adulthood is equivalent to 6.9 times the per capita GDP.

A higher multiple of dependency costs/GDP per capita means greater childcare stress and a relatively low fertility rate.

According to data released by the National Bureau of Statistics, the national population at the end of 2022 was 141175 million, a decrease of 850,000 from the end of the previous year;

The annual birth population was 9.56 million, and the birth rate was 6.77‰; The number of deaths was 10.41 million, and the mortality rate was 7.37‰; The natural growth rate is -0.60‰.

With a declining birthrate and an aging population, do you think the cost of childcare will decrease or increase in the future?