it's about a mil for a child born today if you account for inflation. imagine having a million dollar baby. Imagine how luxurious your life can be without a child.
https://www.todaysparent.com/family/million-dollar-babies/
"Ward pegs the all-in cost of raising a child to 18 in the U.S. at around $700,000, or closer to $900,000 to age 22, which is a more realistic picture for today’s families."