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Should my spouse work too?
Second income: Enter the second wage-earner's monthly salary after taxes here.
Child care: Include babysitting, day care, nannies and nursery school costs here.
Transportation: Include any costs for a new car, carpooling or commuting here.
Work clothing: Include any uniforms and work-appropriate clothing here.
Food: Include additional groceries, lunch expenses and dining out costs here.
Other: Include all other costs that don't fit into another category here.
Total new monthly expenses: This is how much it will cost for the second wage-earner to work.
Total amount needed to raise this child: This is how much more or less the second wage-earner will be taking home after all expenses are accounted for. Negative numbers mean it costs more to work than the second wage-earner's salary can cover!
Clear all: This button returns all fields to their default values.
Click here to return to the calculator.

 
 
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News & Advice | Compare Rates | Calculators
Mortgage | Home Equity | Auto | CDs & Investments | Credit Cards | Debt Management | College Finance | Personal Finance
About Bankrate | Privacy | Online Media Kit | Partnerships | Investor Relations | Press/Broadcast | Contact Us | Sitemap
NASDAQ: RATE | RSS Feeds | Order Rate Data | Bankrate Canada | Bankrate China

* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

Bankrate.com ®, Copyright © 2008 Bankrate, Inc., All Rights Reserved, Terms of Use.