You Won’t Believe How Much It Will Really Cost Kate Middleton and Prince William to Raise Their Royal Children
Sure, it’s custom for royal parents to have two children, but Kate Middleton and Prince William have never been conventional royals. The Duke and Duchess of Cambridge have just welcomed baby number three. What’s more, there’s speculation that they’ll keep growing the family (page 8).
While each royal gets an allowance from Prince Charles himself, many of the costs of raising the kids will come out-of-pocket for Will and Kate. This is how much it will really cost them to raise their royal family (page 7).
Princess Charlotte’s nursery school costs around $20,050 per year
Will and Kate decided to send Princess Charlotte to The Wilcocks Nursing School in Kensington to keep her close to their Kensington Palace home. The school is known for its high prices, high staff-to-student ratio, and “high standards, excellence, and good manners.”
Charlotte attends both the morning and afternoon sessions which cost £14,550 annually, or around $20,050 USD. Children can also attend the “lunch club” which costs about $800 – $2,390 depending on how many days a week they attend.
Next: Prince George’s school is even pricier.
Prince George’s school costs $23,000 per year
Kensington Palace announced Prince George would attend Thomas’s Battersea Preparatory School in March 2017. The U.K.’s online guide to preparatory schooling, The Good Schools Guide, says that “cosmopolitan parents” typically bring their children there.
Common families (or, at least, ones with slightly less pedigree than the British royal family) have notoriously secured their children’s spot at the school at birth. The school costs parents around $7,859 per term for children ages four to seven and around $8,877 per term for children ages eight to 13.
Next: The parents pitch in for extra help.
Their nannies cost over $115,000 annually
If recent reports are true, the Duke and Duchess of Cambridge hired a “super nanny” for Prince George. Between their busy schedules and now three children, it’s no surprise that the couple needs all the help they can get.
Royal help needs to be top-of-the-line, so we doubt it comes cheap. The new nanny is “fluent in six languages … as well as … a qualified child behavioral specialist,” Netmums said. According to CNN, the average cost for a British nanny is $54,000 a year. So, the two nannies together could cost the family $115,000 a year, however, we expect they pay them more.
Next: They spend significantly more than the average family on designer clothing.
They’ll spend an estimated $150,000 on food and clothing
CNN speculates the royal parents will likely spend far more than the average family on feeding and clothing their children. If the average family spends $46,000 feeding and clothing one child over two decades, the royal family will spend at least $200,000 on their three kids.
One of Prince George’s “bespoke” Savile Row tailor Gieves & Hawkes suits costs Kate and Will $7,000. Princess Charlotte’s first day of school coat retails for $165.
Next: Here’s why food is so expensive.
They always eat everything fresh
No packaged potato chips or candy bars for these royals! Prince George and Princess Charlotte eat mostly organic foods (as will Prince Louie, when he’s old enough) — even vegetables, though they’re probably never too happy about those (is any kid?). Princes William and Harry used to eat pureed organic foods when they were small. It must be a royal family tradition.
Next: There’s a high cost for their security as well.
Personal security could cost them millions
CNN reported that the family’s security costs would grow if the family regularly visits Kate’s parents in the Berkshire village of Bucklebury. According to The Guardian, the public cost of the monarchy excludes those of security, which are not revealed.
Experts expect security costs to raise as events like Meghan and Harry’s wedding arise. An estimated 5,000 police guarded the public at Will and Catherine’s central London wedding. The government provided the police with $4.8 million grant to cover overtime pay, while the costs out of the royal family’s pocket remain unknown.
Next: Don’t fret — in case you forgot, they’re loaded.
The Duke and Duchess have a combined net worth of $50 million
Sure, they will spend millions on their kids, but it’s not like the couple is pinching pennies. The Duke and Duchess of Cambridge have an estimated combined net worth of nearly $50 million — most of which Business Insider reports Prince William received through a trust on his 30th birthday.
When Prince William flew for the East Anglican Air Ambulance, he made $62,000 annually, which he chose to donate entirely to charity. Once Prince Charles takes the throne, it’s said that the couple’s net worth will increase.
Next: Here’s how much they’ll spend in total to raise their kids.
It will cost at least $3 million to raise their 3 children
According to CNN Money, Kate and Will will spend around $1 million to raise Prince George even though they live rent-free. If we assume they’ll spend the same on Princess Charlotte and their third child, that means $3 million total raising their kids.
However, some speculate they won’t stop their family after three children, which means they could be spending a few million more.
Next: Rumor has it things could get even pricier for the couple.
Some speculate they plan to have 4 children
Prince William and Kate already broke the royal tradition of stopping after two kids. PEOPLE noted that “all four of the Queen’s children — Prince Charles, Princess Anne, Prince Andrew and Prince Edward — have two children each.” With baby number three on the way, will Kate and Will follow in Queen Elizabeth’s footsteps and have four?
A villager believed so. “I reckon Kate will try to emulate the Queen and have four!” they told PEOPLE. Others attribute the growing family to Kate since she grew up one of three siblings. John Haley, a pub landlord who attended the royal wedding, believed Kate’s mother would be happy. “It’s going to be nice for Carole to have three grandchildren … she had three children herself,” he said.
Next: Things may get expensive, but they do get help.
They’ve received hundreds of thousands of gifts
When Prince George was born in 2013, Kensington Palace received an astounding amount of gifts from leaders, monarchs, businesses, groups, and everyday citizens. During his first year of life, the prince was gifted a grand total of 706 presents.
However, Prince William still holds the record, raking in more than 4,200 gifts after his birth. It pays to be royal.
Next: A royal policy
Not fit for royal hands
Though people from across the globe spend their time and money picking out gifts for the royal babies, the royals, unfortunately, aren’t able to accept any of the toys and presents for safety reasons and other protocols.
According to Express U.K., “The Royal Family does not accept unsolicited gifts, and therefore the children cannot play with them. Gifts are instead cataloged and packed away for storage, or occasionally given to charities and hospitals.”
At least someone is benefiting from them.
Next: Affordable baby products Kate can’t live without.
Aden + Anais swaddling blankets
Of all the baby products the Duchess of York and her royal children can’t live without, the Aden + Anais swaddling blankets are the ones totally worth your money. These cotton blankets are versatile and easy to care for, and you’re going to need them anyway so why not splurge on one of the baby products celebrities use the most?
Next: Some more royal-approved products.
Pepa & Co. outerwear
Nothing says classic quite like a peacoat. One of Middleton’s favorite go-to retailers for outerwear is Pepa & Co. The company crafts exquisite and timeless peacoats for both boys and girls that will never go out of style. While the Pepa & Co. coat pictured on Prince George flew off the shelves, the company offers others that are reasonably priced.
Next: The royal bonnet that newborn needs.
When Princess Charlotte was first revealed to the public, her mother made sure she did so in this exquisite Irulea bonnet. Rumor has it that the mother of the family’s nanny, Maria Teresa Turrion, gave the bonnet to Princess Charlotte. Now deemed the “Princess Charlotte” set, the bonnet is sold as part of a four-piece set.
Next: This essential baby gear can be ordered straight from Amazon Prime.
Britax Baby Safe car seat
No matter where you choose to shop, a brand new infant car seat is usually not cheap. Surprisingly, the Britax Baby Safe car seat that Prince William and Middleton chose for Prince George has a middle-of-the-road price point. At just $168, this car seat has all the safety features fit for a prince. Plus, you can order it straight from Amazon.
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