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Because according to our calculations, it will cost at least SGD $340,000 to raise one child in Singapore from infancy to 21 years of age.arents like marketing manager J Lim, 33, says she typically spends $600 per month on her 20-month old son and puts away $500 monthly into his education fund. She hopes that the fund will accumulate at least $108,000 by the time he turns 18 and in need of the money for his university education.
A kid costs $500 per month or $6,000 a year if you feed it rice and beans everyday. So instead of feeding the kid 3 times a day times 365 days a year times 20 years you could have used that same $500 a month and invested it in good stocks @ 12 percent compounded daily and after 20 years you will have over $500,000.ore specifically, when expressed in 2009 dollars, the cost of raising a child from birth to age 17 in a middle income family back in 1960 was $182,857. This 21.6% increase was largely driven by inflation-adjusted increases in housing, healthcare, child care, and education expenses.