With the birth of Prince Louis of Cambridge on April 23 and the Royal Wedding of Prince Harry and Meghan Markle just a few short weeks away, there seems to be no shortage of royal news these days — and we’re not complaining!
Perhaps it’s the draw to the extravagant, the allure of the opulence or the dedication to the childhood fantasies we once had about being King or Queen that draw out our attachment to any and everything that has to do with the royal family.
Cost of raising three royal children
Cost of raising three royal children
The Duke and Duchess of Cambridge reportedly have a combined net worth of $50 million.
It's estimated that the Duke and Duchess of Cambridge will end up paying $1 million for schooling, childcare, and other costs to raise Prince George to adulthood. Add Princess Charlotte and the new royal baby boy to the mix, and that's $3 million — and that's only if they stop at three royal children.
Princess Charlotte started nursery in January 2018 at the female-run Willcocks Nursery School, which is difficult to get into. Parents must pay a nonrefundable registration fee of $167, which they can do upon the child's birth. If accepted with an "Offer of a Place," parents must put down a security deposit of $2,009.
But that's just the beginning of Willcocks Nursery School's hefty price tag. Morning school for five days a week is $4,086 a term, or $12,258 for all three terms. Afternoon school, which takes place on Mondays, Thursdays, and Fridays, is $2,411 a term or $7,234 for all three terms. Charlotte is said to be attending morning school and afternoon school full-time — that's $19,492 a year.
Naturally, Prince George needs to don some dapper duds to attend this posh prep school. The total cost of a year's uniform supply is $456.50. Optional accessories — gloves, hat, scarf, and jacket — are an extra $57.60, bringing the total to $514.10.
When Prince George turns 13, it will be decided whether he follows in the footsteps of his father and Uncle Harry to attend Eton College. Fees per term are now $18,059, which means the price of tuition per year could increase to nearly $55,954.
This means that the total cost for Prince George's schooling career could total more than $503,591 — that's 32 times more than the average $15,667 the government spends per child between the ages of four and sixteen attending a school in London.
Maria Teresa Turrion Borrallo, the royals' live-in nanny, gives Mary Poppins a run for her money. Borrallo is a graduate of the prestigious Norland College, which schools nannies that can earn between $36,493 and $58,552 in London, between $48,793 and $84,343 outside of London, and up to $145,665 overseas. She probably makes more than that looking after three royal children and accompanying them on tours and excursions.
The average London family spends $46,000 on feeding and clothing one child for two decades. For three children, that's $138,000. A royal family is likely to spend even more — a Gieves & Hawkes children's suit for Prince George was $7,000 alone. With purchases like that, Kate and Will are estimated to spend at least $200,000 per child.
The Lindo Wing, where Prince George, Princess Charlotte, and the new royal baby were born, charges $8,900 for 24-hours in a deluxe room (the most luxurious option) and a non-Caesarean delivery. However, the Lindo Wing offers a 10% discount to mothers who have already given birth there. That's a total of $24,910 for three royal babies (including two discounted stays).
Kate has been seen pushing Prince George in the Silver Cross Sleepover Elegance Pram ($1,249) and pushing Princess Charlotte to her christening in the Silver Cross Balmoral Pram, which includes chrome detailing ($2,276). She also reportedly owns more modern strollers — like Out 'n' About's Nipper ($382). Kate is also said to have ordered a matching bespoke navy carry cot ($172) from the brand after Princess Charlotte's birth.
The average cost to furnish and decorate a nursery is $2,000, but it's likely the Duke and Duchess spent more than that for each royal child. William's chest of drawers was worth $2,880 alone when he was a baby. Kate was also spotted purchasing a Blue Almonds Wicker Moses Basket ($297) before Prince George's birth, and she told Marcus Ingman, Ikea's head of design, that there were a few Ikea pieces in Prince George's nursery. Cots there start at $82.
Part of this curiosity is to how the royals handle mundane ‘commoner’ tasks and situations, such as, say, having a baby. And when it comes to the birth of Prince Louis, the process was anything but average.
Factoring in everything that Duchess Kate Middleton received in private care at the Lindo Wing of St. Mary’s hospital in London (hotel services, a wine list, private bathroom and, naturally, afternoon tea) young Prince Louis’ parents, William and Kate, are looking at around an $8,800 tab for the birth of their son and Kate’s short stay thereafter.
Fans await the Royal Baby
Fans await the Royal Baby
General view of the Lindo Wing, the private ward at St Mary's Hospital, London, where barriers were put up yesterday in anticipation of the Duchess of Cambridge having her third child there. Picture date: Monday April 9th, 2018. Photo credit should read: Matt Crossick/ EMPICS Entertainment.
Police officers outside the Lindo Wing at St Mary's Hospital in Paddington, London, where the Duchess of Cambridge has been admitted to the hospital in the early stages of labour.
Royal fans talk to a reporter outside the Lindo Wing at St Mary's Hospital in Paddington, London, where the Duchess of Cambridge has been admitted to the hospital in the early stages of labour.
Royal fans John Loughrey (left) and Terry Hutt hold dolls outside the Lindo Wing at St Mary's Hospital in Paddington, London, where the Duchess of Cambridge has been admitted in the early stages of labour.
Royal fan Sharon McEwan camped outside the Lindo Wing at St Mary's Hospital in Paddington, London, where the Duchess of Cambridge has been admitted in the early stages of labour.
Two supporters of the royal family holding dolls wearing crowns celebrate outside the Lindo Wing of St Mary's Hospital after Britain's Catherine, the Duchess of Cambridge, gave birth to a son, in London, April 23, 2018. REUTERS/Henry Nicholls
A supporter of the royal family holds a doll wearing a crown as he sits outside the Lindo Wing of St Mary's Hospital after Britain's Catherine, the Duchess of Cambridge, was admitted after going into labour ahead of the birth of her third child, in London, April 23, 2018. REUTERS/Henry Nicholls
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That number — though, obviously very high — is hard to gauge in comparison to how much the average person spends during a hospital birth, especially in the United States.
According to data from IBM Watson Health, which analyzed nearly 100 million health insurance claims for the year 2016, the average cost for a U.S. vaginal delivery is around $11,543.25, making Kate’s birthing costs a shocking 31 percent cheaper than a routine vaginal birth.
The average cost for a U.S. Cesarean delivery, according tot he same study, comes in at around $14,959.65, making it even higher.
So while Americans might not have thrones to sit upon or palaces to raise their children in, they can relish in the fact that it was probably more expensive to birth their own child then it was to birth the new Prince of Cambridge — score one expense for the commoners!