Monday 6 April 2015

The cost of raising a one year old baby


It's not cheap. $29979 to be exact. 

Below are the breakdown:




The numbers here are on the conservative side because (1) as diligent i try to be, not all receipts are captured. (2) did not include expenses such as increased in utility bills, groceries etc.

More than 2/3 of the cost goes to medical and infantcare. Indeed should a pro-baby government want to promote a higher birthrate, this 2 aspect should be tackled.

If we strip out the non-recurring like Gynae (until the next baby comes), Pediatrician (unless we are talking of chronic illness) and Enrichment classes as well as having Grandparents or relatives take care of baby instead of infantcare (not getting into the pros-and-cons yet), the recurring cost is a lot lower than the headline figure may suggest.

Stay tuned for further breakdowns into the cost of each category.


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