Cost of Raising a Child Calculator

From the first vaccination to the final college fee, raising a child in India to 21 costs more than most parents ever total up. See the real, inflation-adjusted number.

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₹2.01 crore

Raising one child to age 21 in Metro (Mumbai/Delhi/Bangalore) with mid schooling and an Indian college, adjusted for 8% education inflation, comes to about ₹2.01 crore in actual rupees spent across the years. The single largest chunk is the final four years of college, which is why starting to invest for it early matters so much.

Total cost to age 21
₹2.01 crore
College cost (today's rupees)
₹6 lakh/yr
Education inflation used
8%

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Why education inflation is the real number to watch

General inflation in India runs 5 to 6 percent. Education inflation runs 8 to 10 percent and has for two decades. That gap is why a college degree that costs ₹6 lakh a year today could cost three to four times that by the time a newborn reaches eighteen. Planning at general inflation badly underestimates the target.