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The average cost of cord blood banking ranges from $900-$1800 and does not include long term storage. Storage fees range anywhere from $95-$265 a year. Many cord blood banking companies offer long term storage payment options that lower the cost considerably if paid in full at the time of cryopreservation. This fee may seem exorbitant when you look at the fee as a whole but it becomes more palatable when you think of cord blood banking as an insurance policy.
The next five to ten years is extremely optimistic concerning stem cell technology and the medical therapy that can result from research in the field of cord blood banking and adult stem cells. Ultimately, mothers-to-be should not feel pressured by the choice “to bank” or “not to bank,” however the future potential behind cord blood banking and of these amazing stem cells is enough to take the risk that you will have your baby’s stem cells available for him or her to use.
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