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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.
Cost of Hiring Confinement Nanny in Singapore. In summary, cost of confinement nanny in Singapore includes the following: 1. two red packets which is about $240; 2. basic salary of confinement which is about $2800 in year 2017; 3. daily expense like food which can cost new mothers and fathers $300; 4. work permit which can cost $30; 5.