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How much life insurance coverage do I need?

I am a single mother, and have 1 child (she is 2 years old). I am in my mid 20's and healthy. I have no debt besides a small student loan, and do not own a home. My parents are fairly young (late 40's), and would be more than capable of taking care of my daughter if I die (they are upper/middle class). I'm not quite sure how much life insurance I need to carry in my situation now, or if I were to purchase a home etc. Right now I am insured for $50,000. Is that too little? How much coverage would I need? I want to have a good level of coverage, but I can't afford to pay more than $25 a month premium right now.

   








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I am a single mother, and have 1 child (she is 2 years old). I am in my mid 20's and healthy. I have no debt besides a small student loan, and do not own a home. My parents are fairly young (late 40's), and would be more than capable of taking care of my daughter if I die (they are upper/middle class). I'm not quite sure how much life insurance I need to carry in my situation now, or if I were to purchase a home etc. Right now I am insured for $50,000. Is that too little? How much coverage would I need? I want to have a good level of coverage, but I can't afford to pay more than $25 a month premium right now.