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Because according to our calculations, it will cost at least SGD $340,000 to raise one child in Singapore from infancy to 21 years of age.arents like marketing manager J Lim, 33, says she typically spends $600 per month on her 20-month old son and puts away $500 monthly into his education fund. She hopes that the fund will accumulate at least $108,000 by the time he turns 18 and in need of the money for his university education.
The cost of raising a young child falls into five categories: Pregnancy and delivery. Low estimate: $4,000High estimate: $20,000. The Ministry of Healthâs website estimates that it costs between $842 and $1,704 for an average stay of two days in a Ward C room for delivery at KK Womenâs and Childrenâs Hospital.ringing a child up to tertiary education level can cost new parents between $190k and $700k. According to the latest figures, Singaporeâs fertility rate has plunged to an all-time low of 1.22. The birth rate has been steadily falling for years. The last time it was near replacement levels was in 1975, when it was 2.07.