Baby's First Year Costs in Australia: A Budget Checklist
A new baby brings one-off costs before the birth, ongoing costs every week, and usually a drop in household income while someone is on leave. Planning all three is what makes the first year calmer.
One-off costs
- Car seat (must meet the Australian Standard AS/NZS 1754) and fitting
- Cot and mattress that meet the mandatory safety standards
- Pram
- Change table or mat, bath, baby monitor
- Clothes in a few sizes, swaddles, sleeping bags
- Feeding: bottles, steriliser, breast pump if needed
- Hospital or birth costs if going private, plus any gap fees
Second-hand can save a lot, but buy car seats new or from someone you trust and check cots against current standards.
Ongoing costs
- Nappies and wipes
- Formula, if used
- Clothes as they grow
- Health: medicines, appointments not covered by Medicare
- Childcare later in the year, if returning to work
Income changes
Work out your household income during leave. Check what you're eligible for through Services Australia, such as the government Parental Leave Pay scheme, and what your employer offers. Rules and amounts change, so use the official sites rather than older articles. Our maternity leave budget guide walks through it.
Save ahead
Price your one-off list, subtract gifts and hand-me-downs, and divide by the paydays before the due date. Build a small buffer for the unexpected. See our baby budget guide and our guide to emergency funds.
Want it done for you?
Baby Budget Planner: Price the newborn list, track buys and plan income during leave. Or start with the free Mini Paycheck Budget.
FAQ
What are the biggest one-off baby costs?
Usually the pram, car seat, cot and mattress, plus hospital costs if going private.
Can I buy baby items second-hand?
Many items, yes. Buy car seats new or from a trusted source, and check cots meet current safety standards.
Where do I check Parental Leave Pay?
Services Australia has current eligibility and payment details.
General information only, not financial or tax advice. Check ato.gov.au or a registered tax agent for your situation.