$245,340
Child care: $9,000 Childcare is a biggie, considering that costs range from $5,000 - $24,000 per year, depending on the city and childcare center. Enrollment at a daycare center costs an average of $12,000 per year. The average cost of raising a child born in 2013 up until age 18 for a middle-income family in the U.S. is approximately $245,340 (or $304,480, adjusted for projected inflation), according to the latest annual Cost of Raising A Child report from the U.S. Department of Agriculture. Map: The average cost for child care by state. Child care is one of the highest budget items for a family and Massachusetts is among the least affordable states with an annual cost of $16,430, according to Child Care Aware of America. That is too much at a time for most young babies. The average price per oz of formula was about .11 cents per oz. If you buy a name brand, it is closer to .14 cents per oz, and a generic formula seems to range from .07 cents per oz to about .11 per oz. 30 days X15oz (very low end) 450 oz = $49.50 for the first month. To raise a child born in 2013 to the age of 18, it will cost a middle-income couple just over $245,000, according to newly released estimates from the U.S. Department of Agriculture. That's up $4,260, or almost 2%, from the year before. Estimates can vary widely depending on where you live and how much you earn. Then there are the concrete, in your face, cash today costs. Once a baby ends up at one or two months of age, they consume on a daily basis about 30 oz of either breastmilk, (Ding, ding, ding, free!) or formula. Let’s add that up. Formula costs about .11 cents per oz on average. That equates to roughly $12,800 - $14,970 per child per year for a two-parent family with a median annual income between $61,530 and $106,540. The annual cost can vary based on factors like the child's age, the number of children in the family and the family's income and location.
http://www.thebump.com/a/advice-for-saving-up-for-a-baby http://www.huffingtonpost.com/2014/08/18/cost-of-raising-a-child_n_5688179.html https://www.bostonglobe.com/2014/07/02/map-the-average-cost-for-child-care-state/LN65rSHXKNjr4eypyxT0WM/story.html http://bfcaa.com/cost-of-formula-feeding/ http://money.cnn.com/2014/08/18/pf/child-cost/index.html http://bfcaa.com/cost-of-formula-feeding/ http://www.huffingtonpost.com/2014/08/18/cost-of-raising-a-child_n_5688179.html
average cost of baby per month us