![]() Baby wipes average $20 a month.īreastfeeding has some one-time expenses, such as nursing bras, a manual or electric breast pump, milk storage bags, breast shields and receiving blankets.įormula costs an average of $105 a month. A cloth diaper service averages $76 per month, and washable cloth diapers are calculated at $19 a month, plus detergent and water. That will vary, based on if parents use a national brand vs. The price given in Bab圜enter’s calculator is $72 per month for disposable diapers. ![]() Once you realize how much options can cost, you can make an informed decision. The calculator is so detailed, yet clear, you can immediately compare the options of breastfeeding vs. Full retail value for applicable items is given, so when you are given a car seat at your shower, you can deduct $100 from the calculator budgets. The First-Year Calculator is divided into ongoing costs and one-time costs. There are several online baby-cost calculators, but one that is particularly helpful and comprehensive can be found at Bab圜 ( /baby-cost-calculator). Thanks to the Internet, there are many tools to help you financially plan for your baby. ![]() If you’re trying to think ahead and save for preschool, private school or even college, there are many variables that need to be considered before baby nickel and dimes you into a financial crisis. With mom or dad taking time off of work, the issue of child care – and an entire slew of new furniture, supplies, clothing and doctor’s appointments – means you will spend money on things you likely have never imagined, if this is your first child. Whether your baby was a surprise, a planned gift or the result of fertility treatments, there is no doubt that a tiny bundle of joy can put a large dent in the family finances. ![]()
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