From the time they're conceived to the day they graduate college, children come with a pricey bill—a mix of health care costs, living expenses, education, and other expenses. Not surprisingly, that financial drain begins as soon as you get your first hospital bill following their birth.
According to the The Economist, which cites the International Federation of Health Plans, the average cost of a non-Caesarean delivery in the United States in 2015 was $10,808. When including health care needed both during and after pregnancy, the total is roughly $30,000.
Obviously, those with health insurance aren't burdened with the full amount of that bill. But co-pays, deductibles, and other costs passed to parents mean the average hospital fee is roughly $3000 out of pocket. That cost typically covers the obstetrician's fee, hospital facility fees, and anesthesiology.
This figure can fluctuate depending on which state parents live in. In Alabama, for example, it could cost as little as $5017 to bring your child into the world, while New Yorkers are more likely to field bills in the amount of $8936. Compared to other nations, America usually comes in first on the list of the most expensive places to procreate. If you have a baby in Spain, for example, fees associated with the birth might come to an average $1950.
[h/t The Economist]