$6,000
Annual: $72,000
First baby? (Yes — buying new gear)
Cost categories
Defaults are Canadian averages. Edit any value to customize.
$/first year
$/month
$/month
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Estimated first-year cost
$7,180
That's about $390/month in ongoing costs (plus $2,500 in one-time gear)
Cost breakdown
Gear & Furniture
$2,500Diapers & Supplies
$1,200Clothing
$720Medical
$360Activities & Toys
$600Household Costs
$1,800Canada Child Benefit (CCB)
Estimated annual CCB+$2,995
Net cost after CCB$4,185
CCB is tax-free and paid monthly. Based on $72,000 family net income.
Where the money goes
Did you know?
Parental leave EI
EI pays up to $695/week for 35 weeks under the standard plan, or up to $417/week for 61 weeks under the extended plan.
Free RESP money
Contribute $2,500/year to an RESP and the government adds $500 through the Canada Education Savings Grant (CESG) — that's free money for your child's education.
Average first-year costs
The average Canadian family spends $10,000 to $15,000 in the first year, depending on childcare needs and province.