For a family with two young children, the average annual cost for child care in 2023 was higher than the cost of mortgage payments in 45 states and higher than the cost of rent in every state. Here is a comparison of regional costs for housing and child care for two children — an infant and a four-year-old — in a child care center.
Source: ChildCare Aware of America, 2024
Prepared by Broadridge Advisor Solutions Copyright 2024.