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Private cord blood banking costs $2,000 to $3,000 for the initial fee, and around another $100 per year for storage. While that may seem like a hefty price tag, many expectant parents may see it as an investment in their child's long-term health.rivate cord blood banking costs $2,000 to $3,000 for the initial fee, and around another $100 per year for storage. While that may seem like a hefty price tag, many expectant parents may see it as an investment in their child's long-term health.
If you do decide to bank your babyâs cord blood, thereâs one more thing to keep in mind: Itâs best not to make it a last-minute decision. You should coordinate with the bank before your baby is born so nothing is left to chance.