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Cost Analysis - First Year of Life

Purpose of Activity: Students will determine the costs associated with teenage pregnancy and childbirth through age 1 of the child. By showing teens the high costs involved, they may make better decisions about becoming sexually active

Description of Idea

Students will discover the cost of the following searching online sites for the answers to the following:

  1. Prenatal Care including tests, diagnostic ultrasound, and doctor charges for the 9 months of pregnancy.
  2. Hospital charges - labor/delivery and anesthesia charges
  3. Pediatrician charges - well/sick visits, all immunizations (average $65 per visit, with eleven visits in the first year)
  4. Diaper costs for one year
  5. Food costs for one year (formula, baby food - fruit, vegetables, cereal)
  6. Cost of furnishing a nursery 
  7. Child care costs for 9 months so the mother can return to school
  8. Essential items such as stroller, car seat, outlet covers, high chair, etc. (Students can visit store or do searches online for prices)
  9. Infant and toddler clothing costs for the year
  10. Miscellaneous items that are needed

Websites to Use

  1. http://www.revolutionhealth.com/healthy-living/pregnancy/planning-pregnancy/financial-planning/cost-prenatal-care-delivery
  2. http://www.akrongeneral.org/portal/page?_pageid=153,10350398&_dad=portal&_schema=PORTAL
  3. http://www.realdiaperassociation.org/diaperfacts.php
  6. http://www.teenageparent.org/english/costofbaby2B.html
  7. http://teenpregnancy.org/costs/default.asp
  8. http://www.ask.com
  9. http://www.google.com

 

Cost of Living with a Child   

 This activity will show you how much living with a child will cost you, while having to provide necessities for yourself. Working with the budget range of $1125 per month (poverty line for a single parent with one kid) up to $1896 per month (the annual salary of someone making $10.50 an hour), provide how much you would spend per month on the following items:

  1. Apartment _____________________
  2. Utilities (including gas, electric, and water)Usually about $150 per month
  3. Groceries (for yourself and baby; please list individual items on back of this sheet) ___________________
  4. Transportation ________________________
  5. Insurance (for apartment and car, if applicable) _____________
  6. College (community college or a university) ________________
  7. Entertainment expenses _____________
  8. Miscellaneous items (toys, for baby and parents – video systems, TV, etc) ____________________
  9. Total amount of having a child for one year divided by 12 _____________

Total for one month’s expenses (add lines 1-8)

 _____________________________

Left over for saving

 ________________________________