0 This post is sponsored and contributed by Personal Finance See if you could afford a baby’s first year here. MoneyWise.com , Brand Partner Posted Reply Welcoming a baby into your household is expensive, generally speaking, but in some parts of the country the costs can be really eye-popping, according to the real estate brokerage Redfin. You need not only a good pediatrician but also a good cushion of savings to fall back on. A newborn’s first year will cost anywhere from around $16,000 to more than double that, depending on where you live, says Redfin, which compared 79 metro areas for baby-related expenses, including what it costs to upgrade to a bigger home with a bigger mortgage . See what parents in Studio City are likely to spend on the way to putting a birthday cake in front of a 1-year-old (with wet naps at the ready). Bringing up baby in Studio City Some of the least expensive places to raise an infant are Southern cities, while major cities in the Northeast and California metro areas are the priciest. Here’s what the study finds about baby’s first year in Studio City: The total cost is an average of $27,238… Read full this story
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