Baby Cost Calculator
Estimate the first-year cost of a new baby by adding up nappies, formula, clothing, equipment and other essential costs.
Your results
Calculation breakdown
- First-year cost
- (monthly spend × 12) + one-off equipment costs
Worked example
Spending $400 a month on essentials plus $3,500 in one-off equipment totals $400×12 + $3,500 = $8,300 in the first year.
Assumptions
- Doesn't account for government payments such as Family Tax Benefit — check eligibility with Services Australia.
How this calculator works
Enter your expected monthly spend on nappies, formula, clothing and other baby essentials, plus one-off equipment costs, to estimate your total first-year cost of a new baby.
Frequently asked questions
Does this include one-off items like a pram or cot?
Yes, enter these in the one-off equipment field so they're added to your total alongside ongoing monthly costs.
Does this account for government payments like Family Tax Benefit?
No, this calculator estimates costs only — check the Services Australia website for details on payments you may be eligible for.
Do costs typically reduce after the first year?
Some costs like formula and nappies may reduce, while others like child care often increase — this calculator focuses on year-one only.
Results are estimates only and are not financial, tax, legal or credit advice.