There are many different kinds of formula on the market today. Some are organic while others are soy. And some are supplemented with special enzymes or are specially formulated for babies with different types of food allergies. You will need to buy the type of formula recommended by your pediatrician. Keep in mind, though, that you may have to try several formulas before you find the right one for your baby. The average "premium" formula may be purchased at about 12 cents per ounce. Although there are definitely some that cost more than that. That doesn't sound like a lot, right? Well, let's break it down: Your baby will drink about 30 ounces of formula per day. That relates to $3.60 each day. However, at two months of age your baby will start drinking 40 ounces per day at a cost of $4.80 per day. This results in $146 per month in formula through month six when your baby goes back to about 32 ounces of formula per day. Overall, in your first year of formula feeding you can anticipate to spend about $1500 – $2000 just on the formula alone. That doesn't count the bottles, liners, nipples, and other "extras" that are required. Breastfeeding, on the other hand, doesn't cost a dime. It requires no mixing, measuring, or heating. And if you choose to co-sleep with your baby, it doesn't even require you to get out of bed at night. Breastmilk is always ready, available, and is always the perfect temperature. Not too mention, it comes delivered to your baby in a soft, pretty, and comforting package! Need I say more?