What is the typical cost of raising a child in the US for the first year of life not including medical expenses?

The typical cost of raising a child in the U.S. during the first year, excluding medical expenses, averages around $12,000 to $15,000. This includes expenses such as food, diapers, clothing, childcare, and baby gear. Factors like location, lifestyle, and personal choices can significantly impact these costs. Overall, parents should be prepared for both expected and unexpected expenses during this period.