The current, annual cost of providing full care for a child is $2,700 USD per year. (This total is the sum of $1,934 in annual home care and $766 in annual schooling per child.) (This breaks out to $160 per month or $5.30 per day for home care and $64 per month or $2.10 per day for high quality schooling for each child.) Any one-time, monthly, or annual amount that you provide helps forever impact the life of the child or children you sponsor.