Children are expensive. All parents know this to be true.
The people of Reddit share their moments of cringeworthy embarrassment caused by their kids. Post continues below.
According to a 2018 study conducted by the Australian Institute of Family Studies, it costs Australian families (at least) $140 to $170 a week to raise a child. However for most families, this will be a gross underestimation.
We asked 11 parents of children aged from one to 12, to share how much they spend on their kids each week. As expected, most spent a lot more than $170.
This is how they broke down their spending.
Hannah – Grace (22 months)
Food and groceries: $100 (about $40 of that is on berries alone)
Extracurricular activities: Merlin annual pass $109 per year (for an adult) but we can then take her to the Sydney Aquarium and Wildlife world. Most of the other activities are free at the moment – rhyme time at the library, the park etc. Roughly $2 a week.
Transport: Pretty minimal.
Childcare: $247.53 for two days (after the Child Care Subsidy rebate).
Babysitter: $150 one day a week. My mum also does two days a week (free).
Clothes and shoes: She’s growing so fast that I’m spending around $100 on new items per month… that’s also partly because I like buying her cute things. $25 a week on average.
Tara – One son (2yo)
Food and groceries: I estimate about $40 a week on groceries/snacks related to him. We do Hello Fresh for two adults and split with him while we can. All meals from breakfast to afternoon snack are covered by daycare.