How Much Does a Baby Cost? Budgeting for Baby

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A common question of couples planning on starting aeach other borrow them when you need them.
family is, “How much does it cost to have aNewborn gear is easy to share with others because
baby?” With the media reporting that children canthe items only get used for a few months, hardly
cost hundreds of thousands to raise, cribs retailing atenough time to get dirty or wrecked.
hundreds of dollars and health care expenses soaring,The costs that you will need to budget for in your
it’s no wonder new parents are concerned.monthly budget are the re-occuring costs. Again, these
While there is no black and white answer on howcan be as high or as low as you let them. The usual
much you are going to spend, the good news is thatreoccurring baby costs are: formula/baby food,
you can make child rearing as expensive or asdiapers, clothes, doctors visits, and toys.
inexpensive as you choose.Formula and disposable diapers can often be your
As with many things, babies come with fixedlargest expenses. As a guideline, assume that
expenses and re-occurring expenses. The cost ofdisposable diapers and wipes will cost you around $80
fixed expenses, like baby gear and nursery décor,per month and formula $100 per month. However, both
can easily be reduced down to a minimum.expenses can be virtually eliminated if you breastfeed
Decorating a nursery can easily run you thousands ofand use cloth diapers. Breastfeeding is free and you
dollars if you buy all new furniture, rugs, curtains, wallcan get a years supply of cloth diapers for less than
decorations, closet organizers etc. However, with a$150.
little creativity, resourcefulness and thought, you canWhen your baby is old enough to start on solids you
easily put together a dream nursery for a fewcan spend money on canned baby food or you can
hundred, or even less! Keep your eyes and ears openchoose the most inexpensive option of making your
for hand-me-downs, scour online classified, auctionsown baby food purees. They are easy to make and
and make it a regular outing to go to weekend garagetaste so much better. The cost will only be an extra
sales. Update a well used, but dirt cheap, changingportion of fruit, vegetables and grains that you already
table with a fresh coat of paint and some inexpensivebuy.
storage baskets. If you can’t find a used cribClothes and toys can be found second hand, church
bumper that you love, ask your creative aunt or friendthrift stores are great places to look, or from generous
to sew you a custom bumper out of adorable fabricfamily members at gift giving occasions. Luckily babies
for a fraction of the cost of a new one. Take everyare so curious about the world around them that toys
opportunity to go to garage sales to find the cute littleare easily found in everyday objects.
knick knacks that give a room personality.The web is full of free baby products, so take
Baby gear such as car seats, high chairs, stollers andadvantage! If you register at your favorite baby
bouncy chairs can also be found at bargains if you areproduct websites you will soon start receiving
willing to go with used. Make sure to check for safetygenerous coupons in the mail.
recalls on everything you buy second hand.The bottom line is that babies can be raised on any
If you have a good friend or relative who’skind of budget. What babies need more than monetary
planning on starting a family soon make a deal withobjects are love, attention, and affection, which are all
them that you’ll share baby gear. You can buyfree.