(Closed) How much per month?

posted 7 years ago in Babies
Post # 3
Member
519 posts
Busy bee
  • Wedding: August 2008

Well, you should take into account most babies need to be changed between 8 and 12 times a day…sometimes more if they are a big pooper 🙂 So however much that will cost in diapers…

Formula is friggin expensive! I vote for coupons! I’m going to be breastfeeding as long as possible. Formula fed babies usually eat every 3-4 hours, and their intake increases over time, so it’s hard to say how much at each feeding.

Clothing…um, I have a closet full of baby clothes. I bought them on clearance over the past 2 years and until we found out we are having a boy last month that was all I had…now I have a bunch of boy stuff too. 🙂 It depends on what you buy. You can buy a pack of onesies for about $10 here. It just depends on what you are willing to spend.

Think about any co-pays you have for insurance. A lot of people overlook that. Expenses for driving back and forth to appointments, those little things you see and “have to have” at the store…Again, it all depends on how much you are willing to spend.

I know that may not help much, but our baby won’t be here until Late August or Early September

Post # 4
Member
1940 posts
Buzzing bee
  • Wedding: March 2011

@stargal34:  There is a program online that you can enter all kinds of details and it would give you an idea how much it would be over a year.  My son is 8 so I really don’t have the best guess on these prices.  I know he went through about 240-300 diapers a month though.  With the next one we will be trying cloth though.  I really didn’t buy a ton of clothes on a regular basis because I got so much from my shower and would buy something here or there to fill in his needs.  

Sorry I couldn’t give you a solid answer.  Good luck on figuring it all out

Post # 5
Member
6572 posts
Bee Keeper
  • Wedding: February 2010

The baby isn’t here yet, but I’m planning on doing cloth diapers (which I’m hoping to get at the shower), and breastfeed, so both of those will take the cost down a lot, since other then water and laundry detergent they’re free. I’m also expecting to get tons of clothes at the shower, so we shouldn’t have to buy a lot on our own. And if we don’t I’m sure my mom would love to go shopping for the baby.

Post # 6
Member
1940 posts
Buzzing bee
  • Wedding: July 2010

There are other expenses you will want to consider as well.

  • Insurance.  If you have insurance through an employer, the cost will increase if you are changing from a single/ employee&spouse plan to a family plan.  For my husband’s insurance, I think the increase was over $200 a month (so basically his paycheck “decreases” by over $200/month).
  • Baby formula.  Many moms want to breastfeed, but sometimes the child is unable to (ex. soy, semi-elemental and elemental formulas can be very expensive – A few months ago I priced elemental formula as costing about $350 or more/month!)
  • Doctor’s appointments and medications.  We don’t like to think about our kids getting sick, but it definitely does happen. 
  • Cost of labor and delivery.  If there are no complication, I believe a vaginal birth costs between $9,000 to $17,000 and a C-section costs between $14,000 and $25,000 (and keep in mind that even if you really want a vaginal birth, it’s not always possible).  For a healthy baby delivered at term, the baby’s bill will be between $1500 and $4000.  You’ll want to check your insurance policy to make sure that childbirth is a covered item (it often isn’t if you purchase your insurance as an individual, not through a place of employment) … and check to see if you have a deductible.  For example, my husband and I have good insurance, but we would still have to pay a $5000 deductible for me and a $5000 deductible for any of the child’s expenses ($10,000!!) before the insurance paid 100% for the rest.
  • If your child is unfortunately born early or there are complications, s/he could spend several weeks (or longer) in the NICU.  The daily cost of being in a NICU is approximately $3500.  You will still typically be responsible for some of the cost, even if you have insurance.
  • If you don’t get paid maternity leave, you’ll basically lose that income for about 12 weeks.

So obviously I listed out some situations that thankfully are not going to happen in every pregnancy!  However, I would definitely encourage you to look at your financial situation and then try to save as much as possible as a “just in case” fund. 

 

The topic ‘How much per month?’ is closed to new replies.

Find Amazing Vendors