【How-to】How much does a baby crib cost

Infant formula — such as Similac, Gerber, Enfamiland Earth’s Best — costs an average of $1,200-$1,500 for a baby’s first year, according to the U.S. Surgeon General. It’s that kind of outlay that has fueled sales of formula, now a $2.3 billion industry in the U.S., according to market research firm IBISWorld.