No that would have been raw spending. The difference was about $70k in imputed wages because of what we chose to do (which, again, I think almost anyone who can remotely afford not to send a kid to daycare in that first year or two, will have trouble not making that choice).

Because these costs are so front-loaded, so tend to hit earlier in one’s life, you really don’t want to start doing a more-expansive opportunity cost accounting, unless you want to get depressed (I have. Trust me, don’t—sigh, so long very-comfortable-retirement-at-55!).