From my sister's family we were given these picture magnets to put on our refrigerator! I think these are awesome because we do not live near their family anymore and I love my little boy can play with the magnets and get to see them and recognise them, since he can't see them very often!
They can made in different ways... with the whole family, per person, or any way you can think of. You can take the heads or you could even add different clothes or hats, so you can have fun dressing the pictures up.
The great thing about magnet crafts is that you can make anything into a magnet just by adding the magnet with a sticky back. Just peel and stick, then put on your fridge.
Picture (approx. $0.15 per picture)
Sticky Back Magnet (approx. $1 for 5"x8" magnet strip)
OPTIONAL: Can also just add a magnet button to just about anything to turn it into a magnet and stick it to the fridge. Magnet buttons can be found at walmart for approx. $0.11 per magnet button with sticky back. (18 for $2)
Approx. Cost: $1.30 per 2 pictures, or $0.65 per picture