How Much Does it Cost Having a Baby?

How Much Does it Cost Having a Baby?

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Having a baby will be one of the best experiences you will have in your life. The excitement can get in the way of the practicality of having a baby. One thing for certain is that having a baby will cost money.  According to a 2010 USDA report, the average middle-income family will spend roughly $12,000 on child-related expenses in their baby’s first year of life.There is no magical number for the cost of having a baby. Figuring out, how much does it cost having a baby, will involve many different expenses – childcare, diapering, feeding, clothing, savings for college, medicine, toiletries, toys/books/media and others. 

How Much Does it Cost Having a Baby?

One-Time Expenses 

These are only estimates, your cost must be higher or lower depending on your circumstances.

Gear

Infant Car Seat: ($60 – $150)

Basic Stroller: ($80 – $300)

Double Stroller: ($70 – $900)

“Snap-on” Stroller Frame: ($40 – $90)

Jogging Stroller: ($100 – $300)

Play Yard: ($59 – $150)

Baby Backpack: ($40 – $300)

Front Carrier: ($25 – $120)

Sling or Wrap Carrier: ($29 – $60)

Diaper bag: ($25 – $200)

Activity Equipment 

Swing ($85 – $120)

Bouncer/bouncy seat: ($30 – $70)

Activity center ($70 – $80)

Play mat/gym ($25 – $80)

Doorway jumper ($30 – $40)

Nursery 

Crib ($120 – $850)

Changing table ($80 – $250)

Glider or rocker ($189 – $600)

Bassinet ($50 – $260)

Co-sleeper ($130 – $200)

Hamper ($20 – $60)

Basic bedding and blankets ($65)

Coordinated crib bedding set ($50 – $600)

Mobile ($20 – $55)

Dresser ($80 – $500)

Lamp ($24 – $70)

Decorations ($150)

Crib mattress ($60 – $140)

Baby monitor ($40 – $60)

Feeding 

Bottles and nipples ($60)

Highchair ($60 – $250)

Utensils ($15)

Plates and bowls ($10)

Cups and sippy cups ($20)

Burp cloths ($15)

Bottle brush ($10)

Bibs ($15)

Breastfeeding 

Electric breast pump ($150 – $350)

Manual breast pump ($30)

Milk storage bags, breast pads, extra breast shields, ice packs ($75)

Nursing bras ($100)

Nursing pillow ($24 – $44)

Bathing/Grooming 

Baby towel with hood ($20)

Infant bathtub ($20)

Tub for older baby ($15)

Baby washcloths ($10)

Brush and comb ($10)

Baby nail clippers ($5)

Other 

Childproofing supplies ($50)

Safety gates ($120)

Diaper pail ($25)

Diaper pail refills ($100)

Pacifiers ($10)

Humidifier ($29 – $69)

Birth announcements ($50)

Baby book or scrapbook ($12 – $40)

Photo printing costs ($130)

Miscellaneous ($150)

How Much Does it Cost Having a Baby?

Monthly Expenses

These are only estimates, your cost must be higher or lower depending on your circumstances. 

Childcare: 

High: $1221/month

Moderate: $768/month

Low: $316/month

Babysitter: 

Diapers: $70 -$80/month

Wipes: $20/month

Feeding:

Food: $83-$130/month

Formula: $105/month

Clothing: $60/month

Buy baby clothes as Oshkosh B’gosh.

Savings for College:

Try to save: $80/month

Medicine/First Aid: $30/month

Toiletries: $21/month

Toys/Books/Media: $35/month

Most of these products can be bought on overstock.com

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