The average cost of a newborn per month is between $1,100.00 to $2,500.00 a month which includes the cost of healthcare, food, clothing and supplies, housing and child care if needed.
Newborn babies can cost a lot due to medical bills, hospital stays if the baby is born prematurely or requires intensive care and the cost of vaccinations.
Food, such as formula, diapers and wipes as well as clothes can also add up.
Other costs associated with a newborn are strollers, car seats and other baby gear.
And if you use daycare the cost can be as high as $800.00 to $1,000.00 a month in some cases.
You can save some money on a newborn by using second hand clothes and using cloth diapers but cloth diapers do require work.
For my first newborn I spent around $1,000.00 a month.
I used disposable diapers and used the Dollar General brand gentle steps diapers and spent around $50.00 a month on diapers.
A the baby grew I spent less on diapers and no longer needed formula although the food costs have gone up.
As my newborn go to 2 years old I spent around $40.00 a month on his diapers which was around the same amount I spent when he was 1 year old on his diapers.
He stayed home with me as I work from home.
If needed you can also get help through welfare and wic programs to help raise a newborn and a child.
Wic covers kids from birth to 5 years old.