Monday, May 08, 2006

Smoking Crack at the USDA

According to a recent study by the U.S. Department of Agriculture, it costs a middle-income family $250,000 to raise a child from birth to age 17. In the first year alone, the costs of a baby can reach between $9,000 and $11,000, and most new and expectant parents don't realize the size of the financial burden they are taking on.
Using typical government efficiency they figure that wet wipes cost an extra $100 a month. Being vastly more efficient, and even using name brand wipes (Huggies), we spend about $15. Not to be outdone by their own stupidity, they also include maternity-leave in the cost and child care of $5,000-20,000.

The only useful/interesting bit of data is that babies consume approx 2.5 ounces per pound per day of formula (and by extension one would assume breastmilk.) IIRC one large can of formula makes 96 ounces. That means a 15 pound little one (like Little Bear) would go through one every 2.5 days. $21 at Walmart X 3 a week = $63. Now THAT is expensive.