Some toddler birthday parties now cost as much as weddings. Parents are dropping hundreds of thousands because their kids only turn 3 once.

Get the Full StoryCourtesy of Rachel Pitzel

A one-year-old recently had a Luxembourg Gardens-inspired birthday party in Washington, D.C that cost six figures to throw.

It's not uncommon for wealthy parents to spend 50,000 or more on tswanky soirees for their kids thanks to social media pressure to out-do one another.

Parents want custom-everything nowadays for their bashes, including 5,000 ball pits.

Even good old-fashioned sleepovers have been given a luxe makeover by companies charging four-figures for fanciful tent set-ups complete with breakfasts trays, accent pillows and lanterns.

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This summer, a Parisian garden-theme party was one of the most lavish events hosted at Washington D.C.'s historic villa, the Anderson House. There was a make-your-own flower crown booth with fresh blooms, a mime, a crepe station, miniature motorized boats for children to play with in the property's pond, a balloon artist and extravagant favors.

"We had picnic baskets with custom fabric lining, gardening kits, macarons and beautiful candles," said Anne Ligeard Murat of the NYC party planning company, Clafoutis, which orchestrated the six-figure affair. See the rest of the story at Business InsiderNOW WATCH: Stop using champagne flutes this is the best way to drink champagneSee Also:I spent a morning in the richest town on the East Coast, a scenic village 35 minutes from NYC where the average household income is 417,000. Here's what it looks like.9 countries where you can buy a second passport and what it'll cost you to secure itThe 25 most expensive countries to live in, ranked

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