The cost of conception can be considerably higher when going through a sperm bank. For New York-based married couple Elizabeth, 32, and Joy, 36, using a sperm bank has cost about $6,000 so far. Some of this covered medical co-pays and shipping for the sperm, but most went to the vials, five of which cost about $5,300. It costs $200 to thaw the frozen vials pre-IUI (intrauterine insemination), which they plan to do soon.