Teens: Think You're Ready to Be a Parent?

1. What is the average cost of pre-natal care in the first year?
a. $420
b. $1,500
c. $550
d. $2000


2. What is the average cost of an emergency room co-pay, if the woman has insurance?
a. $20
b. $50
c. $Free under most plans.
d. $120


3. What is the average cost of baby food for one year, not including formula?
a. $300
b. $At least $1,000
c. $672
d. $200


4. What is the average cost of diapers for one year?
a. $1,152
b. $320
c. $536
d. No less than $2,000


5. What is the average cost to raise a baby in the first year only?
a. $500
b. $2,250
c. $10,158
d. $6,456


6. What is the average cost of clothing for the first year?
a. $708
b. $200
c. $1,000
d. $500


7. What is the average cost of feeding for the first year?
a. $972
b. $475
c. $500
d. $700


8. What is the average cost of nursery items?
a. $450
b. $500
c. $1,000
d. $693


ANSWERS:
1. B. $1,500. Emily said $420, nearly one-third the actual cost.
2. D. $120. If Emily worked 20 hours per week, after taxes, that would be all of the money she had made for the week.
3. C. $672. Emily said $300 and says she plans to breast-feed. However, this figure accounts for just the price of food once the baby can eat solids.
4. A. $1,152. An average baby will use 320 diapers per month, and 3,840 per year. On Emily's budget of $600, she would only change a diaper twice a day.
5. C. $10,158. Emily's answer was $500. If Emily works 20 hours per week, at minimum wage, she will make just $146 a week, $7,592 per year, almost $3,000 less than what she'd need to take care of her child on her own.
6. A. $708
7. A. $972. Emily said $475, nearly half of what it would cost.
8. D. $693. This number doesn't even take in to account travel gear (stroller, car seat, etc.) or feeding supplies (highchair, bottles, bibs).