Asking yourself or looking to find how much does a baby cost per month on average? You’ll be surprised. We have all the details in this post.

How Much Does A Baby Cost Per Month on Average?

According to a 2015 survey on US Families, middle-income households that earn $59,200 to 107,400, the average cost of raising the first baby is $12,680 to $17,500 annually, which translates to about $1500 monthly. For families raising more than one kid, the standard cost reduces to $ 841.60 to $ 900.30 per month

How Much Does a Baby Cost Per Month on Average

According to the US Department of Agriculture estimates, an average baby would cost up to $252,882.90 to raise until your baby reaches 18 years. That’s before the baby goes off to college. Since 1960, the U.S. Department of Agriculture (USDA) has provided estimates of annual expenditures on children from birth through age 17.

  • For a standard household with two kids, the cost of raising a baby annually $10,099.70 to $10,803.35 when adjusted for inflation. These base figures are from 2015 and adjusted for inflation to get the equivalent in 2019
  • This translates to about $ 841.60 to $ 900.30 per month to raise a baby.
  • By the time the baby is celebrating the 18th birthday, you’d have spent at least $252,882.92

More resources on the cost of raising babies in the US in 2021/2022:

0/5 (0 Reviews)
%d bloggers like this: