Quick answer
With $1,415 a month in diapers, food, childcare and other costs, plus $1,500 healthcare and $1,500 gear, the first year costs about $19,980.
How it works
Childcare is usually the largest cost by far. Enter your local prices — childcare varies from a few hundred to several thousand dollars a month depending on where you live.
Formula
First year = (monthly costs × 12) + healthcare + one-time gear
Assumptions & limitations
- Results are rounded for display.
Frequently asked questions
Does this include parental leave?
No. Lost income during unpaid leave can be significant — subtract it from your budget separately.