Suri Cruise traveling with her stylish parents, Katie Holmes and Tom Cruise. Credit: Jun Sato, WireImage

It's quite common for parents to influence their kid's style, but a mini fashion plate making Mom and Dad more hip? Well, to do that, you've pretty much gotta be named Suri Cruise.

Suri, 3, and her oh-so-stylish parents, Katie Holmes and Tom Cruise, were photographed traipsing around Boston this week -- Holmes and Cruise in matching plaid shirts, Suri in a pink ruffled dress and her now famous sparkly silver kitten heels.

A story on ABCnews.go.com says it appears Suri is her mom's fashion muse. After all, Holmes, who launched a fashion line with Hollywood stylist Jeanne Yang, told British newspaper The Sun: "It has been my dream forever to be in fashion and I'm truly inspired by my daughter, Suri. She just loves dressing up."

The price of dressing up? The Sun claimed Suri's wardrobe is valued at more than $3.5 million. That's a lot of sparkly high heels.

ABCNews.com, quoted Cruise's rep, Jeff Raymond who said, "This report is ridiculous, and simply not true."

How much do you spend on your kid's wardrobe?

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