ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -On average, the cost of feeding a newborn formula for the first year of life is an estimated $1, 733.75. Families who breastfeed can save between $1, 200 to $1, 500 in the first year alone, according to the U.S. surgeon general.

Detailed explanation-2: -formula-feeding. Many people choose to breastfeed instead of formula-feed because it’s cheaper than formula. There’s also a considerable amount of research that indicates breastfeeding offers several benefits for mom and baby that formula doesn’t.

Detailed explanation-3: -The higher-end brands will run you around around $1.15 cents per ounce or more. If your baby currently consumes 25 ounces of milk per day, you can expect to spend between $821.25 and $2, 920 in your baby’s first year – depending on the brand you choose. Here’s how we calculated the cost of baby formula per year.

Detailed explanation-4: -Healthy nutrients Compared with formula, the nutrients in breastmilk are better absorbed and used by your baby. These include sugar (carbohydrate) and protein. Breastmilk has the nutrients that are best for your baby’s brain growth and nervous system development.

Detailed explanation-5: -Cost of formula per month Cost: $400 to $800 is the average monthly cost for powdered formula for babies who are formula-fed exclusively. The cost will be lower if you supplement with breast milk and higher if you give your baby more expensive brands or ready-to-feed formula.