How Does the Cost for Hospital Delivery Compare with Delivery at a Birth Center?
The US government organization, the Agency for Healthcare Research and Quality (AHRQ) Healthcare Utilization Project offers the following hospital cost statistics:
- Vaginal birth no complications – $9,617 to $10,657
- Vaginal birth with complications – $12,532 to $13,749
- C-section no complication – $15,799 to $17,859
- C-section with complications – $21,495 – $23,923
The American Association of Birth Centers claims that the cost for a vaginal delivery at a birth center is $2,777.
How much will it cost to raise my child?
The U.S. Department of Agriculture (USDA) 2012 Expenditures on Children by Families reports that parents with an annual household income between $59,410 and $102,870 can expect to spend $295,560 per child born in 2011 until the age of 17; while parents with an annual household income of less than $59,410 can expect to spend $169,080 per child born in 2011 until the age of 17.
Here’s the breakdown of those expenses:
- Housing: 30%
- Child care and education: 18%
- Food: 16%.
- Transportation: 14%
- Health care: 8%
- Miscellaneous expenses: 8%
- Clothing: 6%
What Are The Projected Costs If My Child Wants To Go To College?
Included in the USDA report were figures provided the College Board noting that in 2011-2012, annual average tuition and fees were $28,500 at four year private colleges. The annual room and board charges at these institutions were $10,089. Public Universities are about one half the costs of private colleges and universities and community colleges are about one half as expensive as public universities, or one quarter the cost of private schools. They represent a good value in higher education.
As you can tell, the costs associated with a baby are significant, which is why many ask, “How much does a baby cost?” before birth. If possible, be sure you and your partner are ready emotionally and financially when having a child. If you’re worried about healthcare costs, the babyQ app helps first-time pregnant mothers carry a healthier baby, which can decrease health complications after birth.