Archive · 11 Jun 2025
Urban Indian Parents Debate Rising Costs of Raising Kids
A post online showed how much money it takes to raise a kid in big cities.
The author, Ankur Jhaveri, said you might need to spend about ₹13 lakh each year.
This includes money for school, clothes, and other activities.
The post also said you might need a salary of about ₹55 lakh to cover everything.
People are now discussing whether these numbers are correct and what it means for families.
A LinkedIn post details the high cost of raising a child in urban India.
The author estimates approximately ₹13 lakh annual expenses for one child.
Tuition at international schools could cost ₹7 to ₹9 lakh yearly.
The post calculates that parents may need a gross salary of about ₹55 lakh.
The post has ignited discussions on the financial aspects of parenting.
- Who
- Ankur Jhaveri and parents in urban India.
- What
- A LinkedIn post discussing the high cost of raising children in urban India.
- When
- Ongoing discussion since the LinkedIn post.
- Where
- Urban India, specifically metropolitan cities.
- Why
- To highlight and discuss the financial implications of raising children.
Original Post
Parents with Alternative Views
School Costs
Original Post
The post suggests high costs are a reality.
Parents with Alternative Views
Some parents believe these figures are skewed due to considering only top-tier schools.
Spending Drivers
Original Post
The post highlights the financial burden of raising a child.
Parents with Alternative Views
Some parents suggest the high cost comes from social pressures such as 'FOMO'.
- Estimated Annual Cost Per Child
- ₹13 lakh
- Estimated Gross Salary Needed
- ₹55 lakh
- Annual Tuition Fees (approx.)
- ₹7-9 lakh
- Source
- LinkedIn post by Ankur Jhaveri