Cost of a baby, first year
Adds one-off purchases, running costs, childcare and unpaid leave.
$
$
$
6 mo
$
First-year cost
$33,940
Ongoing per month
$1,520
- Lost income during leave
- $13,200
- Childcare per year
- $10,800
- Cost over five years
- $93,700
- Buffer worth holding
- $9,120
How this is calculated
- · Excludes healthcare costs, which vary hugely.
- · Childcare runs for the full year.
Estimates only — not financial, tax or legal advice.