Baby Costs: What to Expect the First Year

baby costsThe baby cost: Childcare

Next to giving birth, childcare is one of the biggest baby costs, with daycare center prices running up to $12,000 for your baby’s first year, according to a USDA report. When choosing childcare, if you can, get help from family, or hire a sitter to make up for the rest. (Take recommendations from friends or sign up for a site like where you can name your own price and have prospective sitters pay for their own background checks.) And remember that both you and your spouse are allowed to take up to three months of unpaid parental leave: When taken separately, you’ll get by for a whole six months without having to pay for childcare.