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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.
overall the basic cost of raising a child in the uk from birth to the age of 21 has increased to by 63 per cent since 2003 when the survey was first carried out to Â£ 229251 at present it has risen by just under Â£ 2000 in the last year alone almost twice the current rate of inflationarents face bills of almost a quarter of a million pounds to raise just one child to the age of 21 new research shows surging childcare fees and expenses linked to education mean the basic cost of bringing up a child in the uk has risen 50 per cent faster than inflation over more than a decade