Expectant parents spend £3,000-plus preparing for baby
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|
|Purchasing baby toys and clothes||£333|
|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|