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Second child cost

Calculate Second child cost instantly with the exact formula and a worked example.

Second child cost

Monthly cost of first child$
Savings from hand-me-downs and shared costs%
Extra housing cost per month$
One-off costs (birth, furniture, stroller)$
State support (maternity capital, benefits)$
Years calculatedyears
Inflation per year%
Additional cost of second child
6,580,000$
Prices are approximate — enter your own0% inflation — total in today's pricesCalculate Second child cost instantly with the exact formula and a worked example.
Monthly cost now
30 000$
Average per year
365 556$
Savings vs first child
5 000$

More about: Second child cost

What it calculates

The “Second child cost” calculator computes Additional cost of second child in $ from 7 parameters: monthly cost of first child ($), savings from hand-me-downs and shared costs (%), extra housing cost per month ($), one-off costs (birth, furniture, stroller) ($), state support (maternity capital, benefits) ($), years calculated (years), inflation per year (%).

A handy everyday calculator for daily tasks.

Example calculation

With parameters Monthly cost of first child = 25,000 $, Savings from hand-me-downs and shared costs = 20 %, Extra housing cost per month = 10,000 $, One-off costs (birth, furniture, stroller) = 100,000 $, State support (maternity capital, benefits) = 0 $, Years calculated = 18 years, Inflation per year = 0 % the result is 6,580,000 $ (Prices are approximate — enter your own).

How to use

  1. Enter monthly cost of first child, savings from hand-me-downs and shared costs, extra housing cost per month, one-off costs (birth, furniture, stroller), state support (maternity capital, benefits), years calculated and inflation per year — each field above is adjustable with a slider.
  2. Additional cost of second child ($) is calculated automatically as you type.
  3. Check the worked example below to see the formula applied to real numbers.
  4. Copy the result or bookmark this calculator.

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FAQ

How is Second child cost calculated?
The Second child cost calculator computes Additional cost of second child (in $) from monthly cost of first child, savings from hand-me-downs and shared costs, extra housing cost per month, one-off costs (birth, furniture, stroller), state support (maternity capital, benefits), years calculated, inflation per year. Enter your values above and the exact formula is applied instantly; a worked example with real numbers is shown below.
Is the Second child cost calculator free?
Yes. It is completely free, needs no signup, runs entirely in your browser, and sends no data to any server.

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