Must be nice to be Blue Ivy! The beautiful baby daughter of Jay-Z and Beyonce marked her first birthday on Jan. 7, and her proud parents celebrated in a big way.

Hov and Bey plunked down $200,000 in total on Blue's birthday soiree. Nothing is too good for their little princess! Where did that cash go?

The Sun reports that the power couple spent $95,000 on pink and white roses for the party (why not blue ones?!), which had a princess theme. The birthday cake cost over $2,000, while the pair spent a mint on gift bags for their young guests, featuring toys, princess outfits, personalized engraved gold pens, playhouses and jewelry to the tune of $30,000.

A source told the tab, “Nothing’s been too big or expensive for their little princess. They wanted her first birthday to set the tone for the rest of her life. They work hard for their money and the first thing they want to spend it on is their baby girl." The sourced added, "It’s hard to imagine how they can top this next year — or what her Sweet Sixteen will be like.”

Aside from the party, what was Blue's gift? A cool $80,000 diamond-encrusted Barbie doll. And, you know, that $1 million nursery.

Listen to Jay-Z, 'Glory' Feat. Blue Ivy