How much did your monthly spending increase with a baby? Trying to budget

posted 9 months ago in Babies
Post # 16
Member
460 posts
Helper bee
  • Wedding: April 2018

As a UK bee, this thread is making me incredibly grateful for the NHS and half decent maternity leave. I don’t know how you all do it x

Post # 18
Member
2228 posts
Buzzing bee
  • Wedding: July 2018

We spend at least a couple hundred bucks (probably $300) a month on gear…. diapers, toys, clothes, swing things, etc etc etc.  You think you’re finally all set for a while, but then they need a different bottle nipple size, or bigger clothes, or whatever!  That’s not including the initial investment of everything we bought before he was born.  We also get takeout more often because we don’t have nearly as much time to cook, so that’s probably an extra $100/month or more.  We also spend more on our health insurance premiums, and of course we are paying off the costs of his birth and medical appointments (ouch!!!!).

Post # 19
Member
2228 posts
Buzzing bee
  • Wedding: July 2018

shanmia :  It’s brutal.  We spent $15,000 in the last three months of 2018 as our portion of our medical expenses that weren’t covered by insurance, for basic things like his birth and doctor appointments.  On top of paying insurance premiums every month.  And then it all reset in 2019!  Our system in the U.S. is absolute worst.

Post # 20
Member
2527 posts
Sugar bee
  • Wedding: September 2018

KittyYogi :  OUCH! That is a lot out of pocket. I’m currently pregnant and we’re anticipating about $4k in medical costs (between me and kiddo). Luckily we have an HSA that we’re maxing out contributions in which will help a little bit in tax savings. 

Post # 21
Member
488 posts
Helper bee
  • Wedding: July 2016

I am expecting a baby in April and really like reading everyone’s responses as I try to budget for a child!  At the moment we have budgeted $2,000/month for childcare.  We live in a HCOL area and know regular daycare will be $1,500-$1,800/month and we want to budget for a babysitter from time to time.  Adding the baby to health insurance is about $200.  I haven’t quite figured out what the other costs will come to, but I figure we will easily spend $300 a month on all the things.  Overall, I am looking at a rough figure of $2,500-$2,800 per month in additional costs.  It will be tough to get use to, but over time those expenses will go down a bit and hopefully our income will go up.  

Post # 22
Member
428 posts
Helper bee
  • Wedding: September 2015

You’ve gotten some great info. Just chiming in to recommend adding a buffer to whatever you end up with for the unexpected. Like hypothethically, there may be a time when you have to track down a specific stuffed pigeon on eBay to replace the one from the library that your toddler barfed all over…

Post # 23
Member
725 posts
Busy bee
  • Wedding: June 2019

I’m many years from having a baby but this was so helpful! It’s crazy how much it varies by family. So many things to consider!

Post # 24
Member
797 posts
Busy bee
  • Wedding: January 2016

Kids are not consistent creatures of habit. Growth spurts hit at odd times. Weather hits at odd times.  Feet grow. Things happen. We don’t do a monthly budget, but are quite conscious of spending. Since having a kid we spend a lot less money on ourselves so our expenses changed. When you have to replace kids shoes and outerwear pretty much seasonally, you’re a bit less inclined to go buying new stuff for yourself. Not overbuying and getting things secondhand can drastically cut your costs if needs be.

Post # 25
Member
7914 posts
Bumble Beekeeper

throughthelookingglass87 :  this! Kind of like the day I realized my kid outgrew her coat and didn’t have boots the day before a huge snowstorm. Ugh. 

Post # 26
Member
1999 posts
Buzzing bee
  • Wedding: May 2016

we probably spend the most on diapers, wipes and formula. He has SO many toys, clothes (also clothes to grow into) that i cant see myself spending anymore money on those sort of things for awhile. 

In his first month of life we were at the doctors pretty much every week… We havent received a bill for that yet, but im gonna imagine its gonna be expensive. 

Also havent received the delivery bill from the hospital for the emergency c-section… THAT bill im dreading…. 

Leave a comment


Find Amazing Vendors