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Baby Budget: Year One

How can someone so small cost so much?



(page 1 of 2)

The USDA recently estimated the current cost to raise a child from birth to age 18 to be (gulp!) $245,350. An expectant parent’s best bet to avoid prenatal sticker shock is to break down that number year by year.

That’s what we’ve done for you here, itemizing how much you can expect to pay to welcome a newborn, from the moment of conception through baby’s 1st birthday. All costs are an average — depending on your budget-shopping skills or personal needs, the listed figures can dip or skyrocket. It all adds up to a pretty penny, but it’s an investment that pays major dividends in future happiness.

Grand Total of Baby’s First Year:

$31,502

For a bottle-fed baby who wears disposable diapers and attends a private child care center

Click to the next page to see how that figure breaks down!

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