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Cost of a Baby

Cost of a Baby

Assessment

Presentation

Physical Ed

12th Grade

Practice Problem

Hard

Created by

Patrick Baker

Used 8+ times

FREE Resource

19 Slides • 9 Questions

1

The Price Is Right - Baby Edition: First Year Cost Analysis

2

Diapering Costs

  • Per Unit:

    • Budget brand diapers (Size 1): $20 per 100 diapers

    • Annual Cost: Babies typically use around 2,700-3,000 diapers in the first year

    • Estimated Annual Diaper Cost: $540 - $600

3

Diapering Costs

  • Additional Diapering Supplies:

    • Wipes: $10 - $20 per month

    • Annual Wipes Cost: $120 - $240

    • Diaper Creams: $5 - $15 per tube

    • Annual Diaper Cream Cost: $60 - $180

4

Feeding Costs

Formula

  • Per Unit:

    • Generic brands: $13.80 - $18.40 per 23 oz

    • Name brands: $24.15 - $34.50 per 23 oz

5

Feeding Costs

Annual Cost:

  • Babies typically consume about 2-3 cans per week

  • Estimated Annual Formula Cost:

    • Generic: $1,082 - $1,442

    • Name Brand: $1,896 - $2,538

6

Feeding Costs

Feeding Accessories

  • Bottles: $5 - $20 per bottle

  • Bottle Sets: $30 - $60

  • Sterilizers: $10 - $70

  • Annual Feeding Accessories Cost: $150 - $300

7

Baby Gear

Car Seat

  • Graco 4Ever All-in-One Car Seat:

    • Retail Price: $279.99 - $359.99

    • One-time Cost (can be used for multiple years)

8

Baby Gear

Stroller

  • Single Stroller:

    • Budget Models: $75 - $125

    • One-time Cost

9

Nursery Essentials

  • Pack-n-Play:

    • Budget Models: $79.99

  • Basic Baby Swing:

    • Basic Models: $68 - $100

10

Nursery Essentials

  • Nursery Furniture Set:

    • Budget-Friendly Set: $400 - $1,000

  • Baby Monitor:

    • Basic Audio Monitor: $50 - $75

  • Total Nursery Setup: $597.99 - $1,275

11

Clothing

  • Cost per Outfit: $10 - $30

  • Seasonal Wardrobe: $50 - $100 per season

  • First-Year Clothing Cost: $300 - $600

12

Healthcare Costs

  • Doctor Visits: $100 - $200 per visit (if uninsured)

  • Estimated Annual Check-ups: $300 - $600

  • Vaccines: $600 - $1,000 (if uninsured)

  • Healthcare Supplies: $20 - $50

  • Total Healthcare: $920 - $1,650

13

Toys and Development

  • Basic Toys: $10 - $50 each

  • Educational Toys: $30 - $100 each

  • Annual Toy Budget: $200 - $500

14

Miscellaneous Essentials

  • Bathing Supplies: $25 - $50

  • Safety Items: $10 - $50

  • Storage Solutions: $15 - $50

  • Total Miscellaneous: $50 - $150

15

Total First Year (Supplies Only)

  • Low-End Estimate: $4,138

  • High-End Estimate: $8,683

16

Child Care Costs

Expense Category

Monthly Cost

Yearly Cost

Part-time Daycare

$600 - $1,000

$7,200 - $12,000

Full-time Daycare

$1,100 - $1,800

$13,200 - $21,600

17

Housing Costs

Housing Costs

Expense Category

Monthly Cost

Yearly Cost

Apartment Rent

$1,500 - $2,200

$18,000 - $26,400

Electricity

$120 - $180

$1,440 - $2,160

Water/Sewer

$60 - $90

$720 - $1,080

Natural Gas

$60 - $120

$720 - $1,440

Internet

$70 - $100

$840 - $1,200

Streaming Services

$40 - $60

$480 - $720

Total Housing

$1,850 - $2,750

$22,200 - $33,000

18

Living Expenses

Expense Category

Monthly Cost

Yearly Cost

Groceries

$700 - $1,000

$8,400 - $12,000

Car Payment

$350 - $550

$4,200 - $6,600

Car Insurance

$180 - $300

$2,160 - $3,600

Gas

$120 - $220

$1,440 - $2,640

Household Supplies

$150 - $250

$1,800 - $3,000

Personal Care

$100 - $150

$1,200 - $1,800

Total Living Expenses

$1,600 - $2,470

$19,200 - $29,640

19

Total Monthly Expenses

Expense Category

Low-End Monthly

High-End Monthly

Low-End Yearly

High-End Yearly

Housing

$1,850

$2,750

$22,200

$33,000

Communication

$140

$220

$1,680

$2,640

Living Expenses

$1,600

$2,470

$19,200

$29,640

Part-time Childcare

$600

$1,000

$7,200

$12,000

Total Expenses

$4,190

$6,440

$50,280

$77,280

20

Multiple Choice

How much will a one year supply of size 1 budget brand diapers cost?

1
$300
2
$750
3
$400
4
$520

21

Multiple Choice

What are other items associated with diapering for a baby?

1
Pacifiers
2
Baby bottles
3
Teething rings
4
Diapers, wipes, changing pads, diaper rash cream, diaper bags.

22

Multiple Choice

What is the range of how much a one-year supply of generic baby formula will cost?

1
$800 to $1,000
2
$1,600 to $1,800
3
$500 to $700
4

$1,082 - $1,442

23

Multiple Choice

What is another accessory associated with feeding a baby?

1
Toys
2
Diapers
3

Burp Clothes

4
Pacifiers

24

Multiple Choice

What is the retail price of a Graco 4-ever All in One Car Seat?

1
$300 to $400
2
$500 to $600
3
$200 to $300
4
$100 to $200

25

Multiple Choice

What is the cost of a doctor visit for a baby if you are uninsured?

1
$300 to $500
2
$500 to $700
3
$50 to $100
4

$100 to $200

26

Multiple Choice

What is the cost of vaccines for a baby if uninsured?

1
$0 to $500
2
$1,000 to $3,000
3
$3,500 to $5,000
4

$600 to $1,000

27

Multiple Choice

What is the low-end estimate of costs for the first year of baby supplies?

1

$4000

2

$2000

3
$1,500
4

$10000

28

Multiple Choice

What is the estimated yearly cost of full-time child day care in Sunset Hills, MO?

1
$3,000 to $5,000
2
$20,000 to $25,000
3

$30,000 to $35,000

4

$13,000 to $20,000

The Price Is Right - Baby Edition: First Year Cost Analysis

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