New Parent Budget Planning Calculator

Plan your finances for welcoming a new baby. Estimate one-time and recurring costs to build a comprehensive budget.

Current Monthly Household Budget (Pre-Baby Estimates)

Combined Monthly Net Income (Pre-Baby):

Housing (Rent/Mortgage, Taxes, Insurance):

Utilities (Electricity, Gas, Water, Internet):

Transportation (Car Payments, Fuel, Public Transit):

Food (Groceries & Dining Out - Adults):

Debt Payments (Excluding Mortgage - e.g., Student Loans, Credit Cards):

Personal & Discretionary Spending (Adults):

Current Monthly Savings (Pre-Baby):

Expected Monthly Income (With Baby)

Expected Combined Monthly Net Income (During Baby's First Year / Budget Period):

Consider any changes due to parental leave, reduced hours, etc. This should be your average take-home pay.

One-Time Baby Expenses (Estimated First Year)

Estimate costs for items you'll likely purchase once, primarily before or shortly after baby arrives. Prices vary widely; research based on your preferences.

Nursery Furniture (Crib, Mattress, Changing Table, Rocker):

Baby Gear (Stroller, Car Seat, High Chair, Carrier):

Feeding Setup (Bottles, Sterilizer, Breast Pump, Nursing Pillow):

Initial Clothing & Linens (Multiple sizes, Swaddles, Blankets):

Health, Safety & Other (Monitor, Diaper Pail, Babyproofing, Bath):

Estimated Out-of-Pocket Hospital/Delivery Costs (After Insurance):

Recurring Monthly Baby Expenses

Diapers:

Wipes:

Formula (If Applicable):

Enter 0 if exclusively breastfeeding.

Baby Food (Solids, Snacks - When Applicable):

Clothing (Ongoing as baby grows):

Childcare (Daycare, Nanny, Sitter):

This can vary significantly by location and type of care.

Baby Toiletries & Health Supplies (Lotion, Shampoo, Meds):

Increased Utilities (Estimate):

Increased Insurance Premiums (Health/Life for Baby):

Baby Activities/Classes (Optional):

Monthly Future Savings Goals (Optional)

Contribution to College Fund (e.g., 529 Plan):

Other Long-Term Savings for Baby:

New Parent Budget Summary

Please complete all input tabs and click "Calculate & View Summary" on the "Future Savings" tab (or previous tab if not saving yet).