👶 Cost of Having a Baby Calculator
Enter your expected costs to estimate a total first-year budget for bringing home a new baby.
What this calculator does
The Cost of Having a Baby Calculator adds up one-time and recurring expenses to estimate a total first-year budget for a new baby, based entirely on the figures you enter.
How the calculation works
One-time costs (delivery and medical out-of-pocket expenses plus baby gear such as a crib, car seat, and stroller) are added directly to the total. Recurring monthly costs (diapers and wipes, formula or baby food, and childcare) are summed and multiplied by 12 to estimate the full first year, then added to the one-time costs for a grand total.
This tool is for general financial planning purposes only. Actual costs vary significantly by location, insurance coverage, and individual choices, so treat the result as a starting estimate to refine with your own research.