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We all know an iPhone costs $2,000 in the long run, but what are the true costs of a pet or a child? Mint.com has compiled a wide-angle overview, though the details will obviously vary by household.

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howdyhowdydoda
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There is a big difference between an iPhone and a pet or child, is there not?

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Damn, that's actually a lot cheaper than I expected to raise a child!

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They left out rehab and the costs of having the meth lab in the basement disassembled.

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I'd rather have gadgets than small children. I've tried both and, hell, my [adult] kids would choose gadgets over children.

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@howdyhowdydoda: Yep, the iPhone is more useful than a pet or child.

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Yeah, except what kid do you know is off the payroll at 17? That's not even counting the college years, when they rack up costs at astronomically high levels.