The Cost Of Babies
Nobody said that having a baby was an inexpensive endeavor. If you really sit down and figure out what they cost, it will make your head spin. Here are some costs for a new baby, the most expensive thing you will ever bring home from the hospital.
Babies use an average of eight diapers a day, which is 56 diapers per week and 224 per month. A diaper costs on average $.35 each which comes to $940.00 per year on disposable diapers. Stock up when you see a sale!
Babies who drink formula go through a lot of it the first few months. We figured out the twins formula was $150.00 per month, EACH. After you start cereal and foods that cost will go down, but formula is expensive. Join your formulas manufacturer’s web site for coupons.
Breastfeeding is free but you will need some supplies like breast pads, nursing bras (which seem so expensive to me!) a nursing pillow and a breast pump. Those can really add up.
Getting the baby out isn’t cheap either. A vaginal birth costs between $5,000 and $8,000 and a cesarean section can cost about $12.000. My hospital bill with the twins included a C-section complications and two babies and totaled over $30,000.
Childcare is the most expensive thing, at least here in New Jersey. This can total the same amount as a car payment or rent in some places! Nowadays I see a lot of Grandparents watching their grandkids during the day so both parents can work.
All in all that is a lot of money spent on such a small person. But when you are a parent there isn’t anything or anyone you would rather spend your hard earned money on!
parenting, raising kids, the cost of children, how much do babies cost, parenting children, having a baby, new parents
May 6th, 2008 at 7:32 pm
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May 14th, 2008 at 6:07 am
[...] plans of even most dedicated frugal maniac, but Erinn at Parenting Children recently made a post on “The Cost of Babies” that was a real eye-opener for me. It made me think seriously about the possibility in this day and [...]