Everyone knows it costs money to raise a child, but delivery alone can break the bank before you even bring your baby home.
If your pregnancy and birth are not covered by health insurance, you can anticipate an average hospital bill of $5,000-$10,000 for a vaginal delivery, and $7,000 to $12,000 if you need a C-section. And that’s just the day of delivery!
If you survive the expenses of labor, during the first year alone, it can cost up to $9,000 to $12,000 for diapers, formula and all the baby gear. And that’s for a healthy, happy baby. If your baby needs more hospital care after birth, the cost can exceed $200,000 depending on the problem.
So if you think having a baby will bring more love into your life, think about how much love you’ll be able to enjoy working two jobs and trying to finish school, just to pay for your baby’s first day of life.
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