Baby Expenses

If prospective parents were to tally the cost of having a baby before conception, birth control stocks would soar. The USDA reported that parents can expect to pay roughly $12,000 for child-related expenses for Junior’s first year of like. And the yearly costs just continue to climb after year one. This gives you a rough idea how much it costs to raise a child in the United States.

As a new parent, you can expect to pay about $50 a week on formula, diapers and food for the baby. When you add in clothing, baby furniture and childcare, that number soars. Raising a child is not cheap. Natural State Insurance Group, your insurance broker in Arkansas, adds up the baby expenses you should prepare for if you are an expecting parent-to-be.

Delivery Costs

On average, the hospital stay and delivery costs is just over $3,000, provided, of course, that you have health insurance. So it makes perfect sense to save up for the portion of the delivery and hospitalization cost that you have to cover. You may also want to plan for the unexpected as delivery costs could rise dramatically if there are complications.

Child Care

Typically, parents can expect to pay between $8,000 and $11,000 a year for child care. Unless, of course, your company is generous enough to give you a year or more off for maternity or paternity leave. This number will go down once Junior reaches school age, so you have that to look forward to.

Food and Diapers

Food cost for the baby will vary depending on several factors including nursing choices and how much Junior eats. In any case, the cost is pretty high.

Between mom and dad, you can expect to change the baby’s diaper about 6,000 times the first year of life at a cost of about $1,500. There is also baby wipes, baby powder and any number of other baby products to consider as well.


Housing will account for about 30 percent of the total cost of raising a child. If you needed to move to gain room to raise the baby, you obviously have already seen how this affects your budget.

Health Care Costs

Again, health care costs will vary due to individual circumstance, but it can become very expensive. It might be a good idea to start saving now for expenses that include visits to the pediatrician, medications and unexpected medical costs that insurance might not completely cover.


There is a whole slew of other things you need to raise a baby. Infants need stimulation, so you will be spending money on ways to keep Junior entertained while you try to do some housework and cook dinner. To do this, you buy toys that will keep their attention, stimulate their senses and build fine motor skills.

You will also buy a quality car seat, which won’t be cheap and any number of other baby items like a playpen, high chair and baby swing.

One thing to consider when having a baby is if your life insurance policy is adequate. Contact Natural State Insurance Group and schedule an appointment.