According to the USDA, the total cost of raising a child born in 2013 until age 17 is $245,340. The average cost of the first year is right around $13,000 — and that doesn't even include the cost of childbirth [source: USDA]. Fret not. Similarly one may ask, how much does a baby cost per month on average? The average baby goes through six to 10 diapers a day, which, according to the National Diaper Bank Network, can set you back $70 to $80 per month , or about $900 a year. If you choose not to breastfeed, formula can cost up to $150 per month , or about $1,800 a year. Secondly, how much money should you have saved before having a baby? First, you 'll probably have to pay some out-of-pocket expenses for your pre-natal care and delivery, even if you have insurance. A normal pregnancy typically costs between $30,000 and $60,000 — depending on whether you need special care or a C-section. People also ask, how much does a baby cost per month 2019? According to a ...