Bringing a new life in the world is an emotional and financial journey. And with inflation, those costs keep going up. A study by VeryVery shows that with newly released data. That number certainly is eye opening. It costs $22,400 to have a baby in Florida, ranking as the #17 most expensive in the nation. So how did they come up with that number?
- Childbirth cost: the average cost of giving birth in every state with insurance. The data is weighted based on CDC data for vaginal births at 67.9% and c-section births at 32.1%.
- Rent increase: the average cost increase for upgrading from a one-bedroom to a two-bedroom apartment over the course of a year.
- Childcare costs for one year: the average cost of daycare for one child for a full year.
Let's see how Florida ranks against the other states.
Obviously the childbirth cost is going to vary based on your insurance plan. So this number can go up or down. Florida's cost, based on their formula, breaks down like this. $3,276.00 for the rent increase. $7,186.00 for childcare. $11,938 for the childbirth costs. The most expensive on the list is Massachusetts, due to its high cost of childcare. Least expensive place to have a baby? Mississippi. Having a baby in Florida, or any other state really, is an expensive thing to do. Conversely, you can get a 36 pack of condoms on Amazon for $15 dollars. They call it a "value pack", but they really missed the opportunity to call it a "no family pack."
