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Originally Posted by Beelzebaby666 |
Based on the information in the website from the link above, I used EXCEL to compute what it would have cost JPC to raise his son given his son's birth year of 1977. The results are based on an average cost of living increase of 3.80%. Here are the results:
Year: 1977
Total Cost: $134,050.00
Percent Increase Cost of Living: 3.80%
Cost Per Year: $7,447.22
Yearly Cost Per Parent: $3,723.61
Monthly Cost Per Parent: $310.30
These results allow the child to attend a state college.
JPC may have had to sacrifice a little but I think even he could have come up with $310 a month.