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Is there a way to calculate how much money a person uses in his/her lifetime?

Asked by KatawaGrey (21483points) October 29th, 2010

I’m just curious if there’s a way to determine how much money a person uses, not spends him/herself, but actually uses from the cost of diapers and baby formula to education and food to insurance and entertainment. I understand that no two people would have the same “life cost” but is there a way to figure out a ballpark figure?

For greater ease, let’s say the person in question is a middle-class person from a nuclear family and who went to a tier 2 college and spent four years there.

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