Just consider: 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. By age two, parents are up to more than $12,500 per year.
What is the average cost of a newborn baby? Just consider: 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. By age two, parents are up to more than $12,500 per year.
How much does raising a child cost? The Cost of Raising a Child Jumps to $233,610. The cost of raising a child has increased in the last year, according to a report from the Department of Agriculture.
How much does having a baby cost? Average Cost of Having a Baby. The average price of having a baby, through vaginal delivery, is between $5,000 – $11,000 in most states, according to data collected by Fair Health. These prices include the total duration of care, the obstetrician’s fee (including prenatal care), the anesthesiologist’s fee and the hospital care fee.
How much does childbirth cost? A natural childbirth with no complications will cost anywhere from $8,000 to $16,000. This price depends on the hospital, part of the country (cost of living), and health of the baby.
What is the average cost of raising a baby?
What is the average cost of raising a baby? Parents tend to underestimate the cost, even of that first year, as a recent survey by personal finance website NerdWallet points out. The actual cost of raising a baby in its first year is around $21,000 (for a household earning $40,000) and $52,000 (for one bringing home $200,000).
How much does baby formula cost per month? Cost of baby formula: Store brand formula (which most doctors say is just as good as the name brand) usually costs about $12 for the larger can. This will last about a week, depending on how many ounces your baby drinks per day. The average baby will need about 4 cans per months, which equals about $50.
What is the average cost of baby delivery? The average total price charged for pregnancy and newborn care is about $30,000 for a vaginal delivery and $50,000 for a C-section, with insurers paying out an average of $18,329 and $27,866, according to a recent report by Truven Health Analytics.
How much does prenatal care cost? According to Revolution Health, the average prenatal care cost of a prenatal visit is $133. Throughout most pregnancies, the mother will see the doctor about 14 times. Therefore, the total average cost is $1,862.