Parents spend on average $1,000.00 or more per year on disposable baby diapers which could come to $5,000.00 or more by the time the kid is potty trained and out of diapers.
You could by used car for that price.
While there's an initial cost for cloth diapers of around $500.00 you can look at a savings of around $4,000.00 before you factor in washing, drying and the detergent for the cloth diapers.