How much does it really cost to raise a baby?

posted 2 years ago in Babies
Post # 31
209 posts
Helper bee
  • Wedding: July 2014

As PPs have said childcare is the huge expense, I’m a Stay-At-Home Mom so the loss of my income is the obvious expense, but without my job we’ve also lost access to some tax free ways to store money for retirement (and as others have mentioned benefits such as insurance).  Stopping work could be even more expensive if your work has a matching 401K or something similar.  If I went back to work then daycare runs about 2000 per month where we live.  Insurance was no joke either, if you have an out of pocket max giving birth certainly helps you hit it!  The other costs of a baby are easier to control depending on your values and views.  

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