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Learn about the financial aspects of having a baby, from prenatal care costs to raising a child to adulthood. Find out the expenses involved in pregnancy, delivery, buying baby items, monthly costs, and long-term estimates.
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Cost of Pregnancy • Prenatal doctor visits • 12 visits for a healthy pregnancy at $100 to $200 per visit, averaging around $2,000 • With insurance, the typical out of pocket costs are around $260 • Prenatal Vitamins - $200 • Extra Tests – Typical amount spent $1,000 • Amniocentesis (Genetic testing) can be up to $7,000 • Birthing classes can range from $50-$200
Delivery • Hospital births range in the US from $3,300 to $37,000 depending on hospital • C-Sections can range from $8,300 to $71,000 • Extra night stays in the hospital generally cost $3,500 • Average cost of a birth in 2014 was a little over $17,000 • Complications during birth can raise the cost of delivery to over $300,000 • Births outside of a hospital can range from $1,500 to a little over $4,000
Buying Stuff • Prices of Amazon best selling products • Crib - $149.99 • Car Seat - $152.99 • Stroller - $183.99 • Changing Table - $89.99 • Diaper Pail - $39.99 • Diaper Bag - $39.99 • Grooming Kit - $19.99 • Travel Kit - $59.99 • Clothes - $150
Buying Stuff • Recurring cost per month • Diapers - $73 • Wipes - $20 • Food • Formula - $105 • Solid - $57 • Medicine/First Aid - $27 • Toiletries - $21 • Childcare - $360
Total cost • The total average cost of a baby in the first year is roughly $12,000 • This cost remains generally constant for the first 5 years of life
Raising to an Adult • 2018 estimates from the USDA • For families earning less than $59,200 - $221,508 • Earning $59,200 - $107,400 - $289,872 • Earning above $107,400 - $451,944 • In Tucson, all of the costs are slightly higher than the national averages • These prices do not include paying for college
Extras • Fertility Treatments - $15,000 - $40,000 • Cost of high level club sports can run over $10,000 per year • High level band participation can run over $15,000 for middle school-high school participation • Average non-profit university tuition in the US is $20,770 per year