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Global study examines first-year costs for essential baby products
An international study by Remitly and analysis by Euronews examines the cost of essential baby products during a child’s first year across various countries. The research highlights significant economic disparities when comparing product costs to average annual incomes.
In Europe, Romania and Czechia report some of the lowest nominal costs, with Romania at approximately €3,385 and Czechia at €3,211. Conversely, Spain, the Netherlands, Finland, Sweden, and Switzerland represent the highest expenses. In Albania, the cost is estimated at €5,532, which equates to roughly 66% of the average annual salary.
The study identifies that clothing, formula, and diapers constitute 81% of the analyzed expenses. While nominal prices vary, the economic impact is most accurately measured by how much of a household's income is required to cover these essentials.
Entities
Albania · Euronews · Europe · Montenegro · Remitly · Romania · Spain
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Albania ranks as the second most expensive country in Europe for baby costs relative to average income, following Moldova. elbasanion.al · argjiroja.net · gijotina.com
- [● 2 SOURCES] Albania is the ninth most expensive country in Europe in nominal terms for basic baby products. elbasanion.al · gijotina.com
- [● 2 SOURCES] The average cost for basic baby products across 36 analyzed countries is 20.9% of the average annual salary. elbasanion.al · gijotina.com
- [● 3 SOURCES] In Albania, basic baby product costs represent about 66% of the average annual salary. elbasanion.al · argjiroja.net · gijotina.com
- [● 3 SOURCES] In Moldova, baby product costs represent 88.8% of the average annual salary. elbasanion.al · argjiroja.net · gijotina.com
- [● 3 SOURCES] Raising a baby in Albania costs approximately 5,532 euros for basic products in the first year. elbasanion.al · argjiroja.net · gijotina.com