Put more money in your bank account with breastfeeding...

The average cost of savings from non-use of formula is most likely grossly underestimated.  For the purposes of this post, we will look at the actual cost of formula and how much it will likely cost to formula feed a baby.  So, lets use a 7 pound, normal delivery, healthy baby as our “standard” baby just to make a nice solid number.  Commercial formula ranges in anywhere from a generic at about .11 cents/ounce to a brand name at about .17 cents/ounce.  Of course, there will be outliers.  Sometimes a baby will need a specialized formula, in which case you would pay much more. 
I looked up “similac advanced with iron” and found that at Target, you can buy a 38.8 oz of powder (282 oz liquid) formula for $32.99, which equates to .17 cents/ounce.  Remember, powder formula is not recommended until at least 4 weeks, so that same formula, ready to feed, 1 qt (32 oz liquid), is $6.99, which equates to .22 cents/ounce. 
Now comes the math:
A 7 lb baby on day 1 needs 17.5 oz / day. 
Day 1: 17.5 oz x .22 = $3.85
We must keep in mind that babies gain about .75-1.00 ounces/day for the first 3-4 months.  So ideally, by day 30 this baby would weigh 8.88 pounds.
Day 30: 22.2 oz x .22 = $4.88
So lets say the average cost/day is $4.36.  That means for the first thirty days it costs you approximately $131.00 to feed your baby.
Now, if this baby is still on this formula, but you wanted to switch to the powdered version, you’re looking at .17 cents/ounce, but your baby is bigger, so he or she needs more!  Let’s say for the next 11 months, your baby may need between 40-60 ounces of formula/day (this is not a recommendation, but rather for estimation purposes). 
1 month = 30 days = 30 x 40 oz/day = 1200 oz/month x .17 = $204.00/month
Or 1 month = 30 days = 30 x 60 oz/day = 1920 oz/month x .17 = $326.40/month
Therefore, for the next 11 months you would pay $204.0-$326.40 per month for formula.
$204.00 x 11 = $2,244.00  - $326.40 x 11 = $3,590.00
Now add in the first month and you’re looking at an average of $2,375.00 - $3,721.00 per year for this formula. 

You want to know how much breastfeeding costs your family? Nothing.  It’s free. 
Add in the cost benefits of less illness and less missed work days to care for a sick baby and your savings are even higher!
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Just my two cents.
You got this mama!

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