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Infographic: The Cost of Raising a Baby

Mar 03, 2018 1 min read

A growing family can lead to a shrinking wallet

Babies are blessings, to be sure. But they also mean extra expenses that can stretc a budget ....

Monthly cost of a Baby

Housing, Couple Expenses
Rent $13801
Renters Insurance $152
Total $1395
Housing, Post babyExpenses
Mortgage $14831
House Insurance $913
Day Care $10004
Total $2574
Groceries, Couple Expenses
Food $5855
Total $585
Groceries, Post Baby Expenses
Food $6854,5
Formula $1504
Diapers and Wipes $604
Total $895
School, Couple Expenses
Parent1  
Student Loan $2036
Parent2  
Student Loan $2036
Total $406
School, Post-baby Expenses
College Savings $100
Parent1  
Student Loan $2036
Parent2  
Student Loan $2036
Total $506
Transportation, Couple Expenses
Sedan & Gas $5457,8
Car Insurance $10711
Total $652
Transportation, Post Baby Expenses
Minivan & Gas $6969,10
Car Insurance $9011
Total $786
Insurance, Couple Expenses
Health (2 adults) $111512
Life (2 adults) $2713
Disability (2 adults) $7315
Total $1215
Insurance, Post baby Expenses
Health (Family Plan) $156412
Life (Family Plan) $6412
Disability (2 adults) $7315
Total $1701

For Compliance Use Only:0296497-00253-00

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