Jewelry on baby/Toddler

My husbands mom is coming from Mexico and we told her if she was able to bring us jewelry to our son since our daughter already has some. And since it’s cheaper over there. So she’s bringing a yellow gold everything includes

•Bracelet

•Chain

•Piece that goes in the chain

All total of $400 , yellow gold very pretty as well

But idk I feel this is a lot for a toddler to wear but it’s also of a tradition in Hispanics and in my family to wear

Do you feel like it’s a lot of money? I told my husband something cheaper. But he said here in the U.S the jewelry is more expensive. Have you done this? 😳