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Money and Finances
Reply to "Average monthly cost of having one child?"
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[quote=Anonymous]For our 10 month old: $1700 daycare $250 on formula and food bought specifically for him $250 to a 529 $20 on clothes (I buy in 2 or 3 big batches so I'm guessing here) $40 on diapers/wipes Maybe another $10 for co-pays, prescriptions, baby meds, etc averaged out over the year I rarely buy him toys since he gets a lot of gifts from family and has hand me downs from his sister Rounding up its $2300. For our 3yo: $1600 daycare $50 activities (swim lessons, soccer class at daycare, etc) $300 to a 529 $50 on clothes and toys So that's $2000 total No special food and now that we're out of the baby years she hardly ever gets sick. Her clothes and toys are more expensive though, but we stay pretty minimal since she gets excessive gifts from her grandparents at Christmas and birthday. [/quote]
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