An infant requires more constant care than a dying elderly. Parents are on rotation 24/7 for the first year. That's more than elderly get in hospice.
Moneywise it's $600k for a child. $400k from parents. $200k from the state for the free k-12 education.
Elderly on average have $200k in savings age 65-74 and spend $155k in medical costs their last 3 years.
Children are more expensive in money and direct labor.