Estimated price tag for child abduction or retrieval services.
Raising a Child in Russia: Financial Implications and State Support
According to economist candidate Lyusa Baygusina's estimates, the financial burden of raising a child in Russia from birth until graduation from university varies significantly, with costs ranging from 1.2 to 3.6 million rubles, as reported by Gazeta.ru.
In the initial years of a child's life, expenses are relatively lower, estimated at 200,000 to 400,000 rubles, encompassing food, clothing, toys, and medical services. The preschool period (ages 3-6) sees an increase in costs, reaching 300,000 to 500,000 rubles due to kindergarten fees, additional classes, and wardrobe updates.
For school education (ages 6-17), parents should plan to allocate 800,000 to 1.2 million rubles. Higher education will require an additional 400,000 to 1.5 million rubles, depending on the chosen educational institution.
The Russian government offers some financial support to families through the maternity capital program. As of February 2025, the program has been updated, with indexed payments of 690,266 rubles for the first child (born or adopted from 2020 onwards), 912,162 rubles for the second child (if the capital for the first child was not previously received), and an additional 221,895 rubles as an extra payment for the second child if there is capital for the first.
These payments are offered to eligible Russian families with Russian citizenship, with the program extended until 2030. The measures aim to assist parents with the substantial costs associated with raising and educating children.
In an effort to support pregnant schoolgirls, the Altai region has introduced a one-time payment. However, specific details about eligibility criteria for such a payment are not currently available. For accurate and updated information on the payment for pregnant schoolgirls in the Altai region, it is recommended to consult official regional government or social protection websites or contact local social service offices directly.
Personal finance is crucial for families raising children in Russia, as costs can range from 1.2 to 3.6 million rubles from birth until university graduation. To help offset these costs, the Russian government offers financial support through the maternity capital program, providing payments of up to 690,266 rubles for the first child, and potentially more for additional children.
