The cost of living is way expensive in the Bay Area but apparently, child car is pretty much unaffordable in ALL 50 states!
Child Care Aware® of America released its 12th annual The US and the High Cost of Child Care: A Review of Prices and Proposed Solutions for a Broken System
Unsurprisingly, it's harder for single parents, the study found that the cost of center-based care for infants exceeds the single parent's average income by 27%!
Massachusets had the least affordable costs for raising a toddler at care centers while California was named the least affordable state for families with an infant. Check out some more of the report highlights here.
- In every state, the average cost of center-based infant care is more than 27 percent of median income for single parents, an increase of three percentage points from 2016.
- Even for families of three earning double the federal poverty threshold (or $40,320), childcare is a significant burden. Center-based infant care ranges from almost 13 percent of income for a low-income family in Mississippi to nearly 50 percent in Massachusetts.
- In our analysis of a national average cost of child care, we found that couples across the country pay more than 10 percent of their household income, for a year of childcare for one child—that’s nearly $9,000 a year, no matter how you calculate it.
- Married couples pay 11 percent of their income toward child care. Single parents pay 37 percent of their income.
- The lifetime cost of diapers is around $2,000 about the same as a month of infant center-based child care costs in Massachusetts and D.C., the most expensive places in the U.S. to pay for infant center-based child care (Massachusetts: $1,677/month, D.C. $1,924/month).
- In 2017, the cost of center-based child care for an infant exceeded the costs of food and transportation combined in all regions of the country (Northeast, Midwest, South, and West).
- Child care workers in every state pay half their salary to cover the childcare cost for two children.
via Child Care Aware of America
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