Priceless but also very expensive :) I wonder if someone researched the cost of raising a child all the way to adulthood.
There's plenty of number floating around various source, one at random claims US$263,000[1] in the US and AU$812,000 in Australia[also 1]. Of course, it depends how much you spend (private school or public, $400 shoes or $40). A single parent on welfare in Australia will spend substantially less than a couple who have a combined income of one million. Also the single parent on welfare gets benefits like discounted he…
In a lot of middle class families teenage sons wind up learning skills that their fathers don't have so the net loss can go down in those years.
The way financial aid for college "works" (quotes indicate sarcasm) is you basically get told what you can pay and schools make at least a token effort (depending on the marketability of your kid, e.g black jewish straight-A D1 athlete majoring in something trendy gets more aid than an average white dude getting average grades in an average major) to try and not exceed that. If you can pay X and have Y kids in school then supposedly you pay X/Y for each kid in college. After adjusting for reality it's probably north of X/(Y+something) but the point is that it's cheaper than if you had two kids 4+yr apart and are only ever paying tuition for one at a time.