Baby Cost Calculator
Estimate the true cost of having a baby -- from gear to childcare
Your Situation
Estimated First-Year Cost
$27,172One-Time Gear
$3,640
Annual Recurring
$6,060
Annual Childcare
$17,472
Potential Tax Savings
Child Tax Credit
-$2,000
Dep. Care FSA Savings
-$1,250
Net First-Year Cost
$23,922
First-Year Cost Breakdown
Year 1$27,172
Gear & Nursery13.4%
Childcare64.3%
Healthcare2.2%
Clothing2.6%
Food & Formula9.3%
Supplies & Other8.2%
Childcare Costs: Center vs Home
Infant (0-1)
Center$17,472/yr
Home$13,628/yr
Savings$3,844/yr
Toddler (1-3)
Center$14,940/yr
Home$11,653/yr
Savings$3,287/yr
Preschool (3-5)
Center$12,036/yr
Home$9,388/yr
Savings$2,648/yr
5-Year Cost Projection
Year 1 (Infant)$27,172
Year 2 (Toddler)$21,000
Year 3 (Preschool)$18,096
Year 4 (Preschool)$18,096
Year 5 (Preschool)$18,096
5-Year Total$102,460
One-Time Gear & Nursery
Car Seat$200
Stroller$350
Crib$300
Crib Mattress$150
Bassinet$150
Changing Table$200
Nursery Furniture$800
Breast Pump$150
Bottles$50
Carrier$100
Monitor$100
High Chair$100
Swing$150
Play Mat$60
Bouncer Seat$80
Bath Tub$40
Diaper Bag$80
Clothes$300
Swaddles Blankets$80
Nursery Decor$200
Total One-Time$3,640
Monthly Recurring Costs
Diapers$80/mo
Wipes$25/mo
Formula$150/mo
Food$60/mo
Clothing$60/mo
Healthcare Copays$50/mo
Toiletries$30/mo
Laundry$20/mo
Toys Books$30/mo
Monthly Total$505/mo