How This Calculator Works

The cost of raising a baby in the first year varies enormously based on your choices. Breastfeeding vs formula, cloth vs disposable nappies, and whether you use childcare are the biggest variables. Government payments like Parental Leave Pay and Family Tax Benefit can offset a significant portion of costs.

Related Calculators
Childcare Subsidy →Parental Leave →Family Tax Benefit →Budget Planner →
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