When thinking about having a baby, the brain often conflicts with the heart ““ on the one side, you know that babies are adorable and will bring unfathomable amounts of joy to your life; but on the other, babies ““ and kids ““ are not exactly known for being cheap. So exactly how much does it cost to have a baby?
While everyone’s situation is a bit different, the below presents an itemized estimate of costs over the first year:
Pre-baby’s arrival (not including medical care):
Crib | $350 |
Bedding | $50 |
Bottles | $20 |
Baby monitor | $140 |
Receiving blankets/swaddle wraps | $20 |
Travel system (with stroller and carseat) | $400 |
Rocker/glider | $400 |
Subtotal: $1,380
Ongoing monthly costs (not including medical care):
Clothing | $60 |
Food (solids to begin at four-six months of age) | $40 |
Toys | $40 |
Pharmacy (Saline drops, acetaminophen, vitamin D drops, diaper rash cream, bathing items) | $40 |
Diapers | $50 |
Wipes | $10 |
Subtotal: $240 (monthly)
$2,880 (annual)