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Expectant parents spend £3,000-plus preparing for baby

Joanna Faith
Written By:
Joanna Faith
Posted:
Updated:
26/05/2015

The average new parent spends more than £3,000 preparing for the arrival of a new baby, according to research from Sainsbury’s Bank Loans.

The biggest outgoings are £811 on average to change the family car and £371 to improve the home.

On top of this, expectant parents spend an average of £305 decorating and furnishing a nursery.

Other pricey purchases include £277 for a pushchair and £215 for a car seat.

Simon Ranson, head of banking at Sainsbury’s Bank, said: “New baby purchases can add up very quickly, so it’s no surprise that expectant parents are looking at various ways to fund their purchases. Taking out a personal loan could be a good way to buy everything that’s needed and ensure the agreed monthly repayments fit within the family’s budget.”

Average costs for expectant parents

Type of cost Average cost for expectant parents
Changing the family car £811
Improving your home £371
Other preparation £350
Purchasing baby toys and clothes £333
Decorating/furnishing nursery £305
Purchasing a pushchair £277
Purchasing a car seat £215
Purchasing a high chair £210
Overall medical care £168
Scans (and 3D/4D video if applicable) £162
Antenatal classes £134
TOTAL £3,336

 


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