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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.
Singapore Citizen (SC) infants aged 2 to 18 months enrolled in a licensed child care centre providing infant care services. Child Care Subsidy i. Singapore Citizen (SC) children aged above 18 months to below 7 years old enrolled in a licensed child care centre.Note: Children who are below 7 years old and attending student care programmes are not eligible for the child care subsidy.APPLICATION FOR INFANT / CHILD CARE SUBSIDY 7.. With effect from 17 August 2008, the maximum monthly infant and child care subsidy for a working mother / single father per child is capped at $600 and $300 respectively, and $150 for a non-working mother / single father.