More food+bigger house probably adds $400-$1000/month to your budget.
Also, kids need doctors, interests (books or toys), durable goods (clothes and furniture) and more to thrive.
Also, kids need doctors, interests (books or toys), durable goods (clothes and furniture) and more to thrive.
Editing to say that these are not the $500,000 RVs that retired people holiday in. They are kitchen-sized campers (for lack of a better term) that may be the size of 6-8 cubicles. They need outside water connections which many don't have, and they almost always need propane attachments. Many have composting toilets which the owner needs to clean out, as they cannot connect to the sewer lines.
Kids aren't cheap if you want to keep up with your socioeconomic class. And by far the biggest cost is the extra you pay for a house to be located near other high earners so that the schools your kids go to is filled with kids of other high earners.
I’ve never known a doctor to charge less than $200 per visit with or without insurance.
I make less money than someone in the US, but daycare for me is 250 euro (it was 500 until 3 years old) and public daycare would be cheaper still. Visiting the doctor for a random virus brought back from school costs exactly 0 (a private visit would be around 100 euros). An orthodontist, if needed, would be the only major expense for a child apart from clothing and food.
University will be about 4000 euros a year at most (and would be cheaper if I earned less).