NEW DATA: Childcare costs remain an almost prohibitive expense
NEW DATA: Childcare costs remain an almost prohibitive expense
U.S. families spend between 8.9% and 16.0% of their median income on full-day care for just one child, with annual prices ranging from $6,552 to $15,600 in 2022, the most recent year for which data are available. Even part-day care for school-aged children (e.g., before and…
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