“Among families with two children (a 4-year-old and an 8-year-old), child care costs more than the rent in 500 out of 618 family budget areas.”
Category Archives: Childcare Costs
By Barbara Hall, CNN Sixty-four percent of mothers with children…
By Barbara Hall, CNN
Sixty-four percent of mothers with children under the age of six work in the U.S. That makes for a lot of kids in daycare. The U.S. Department of Labor recommends parents spend no more than 10% of their annual income on child care. But experts say the cost of putting young children in a good program can cost $1,000 per month or more. Quality Care for Children is on par with tuition at some universities.