![]() ![]() ranks as the most expensive state for child care across categories (nanny, babysitter and daycare). Top 5 most expensive states for child care ![]() Weekly family care center cost: $229 (up 80% from $127 in 2013).Here, the average weekly child care costs broken down by type of care for infants: How much does child care cost? (National average) In fact, 45% of respondents use child care during nontraditional hours, such as 10 a.m. Parents have even more need now for options that provide more flexibility. Parents now rely equally on daycare centers and nannies (each 30%) as parents’ top child care arrangements, as compared to last year when daycares were used more frequently (31% vs. The cost of daycare is out of reach - and accessibility is a challenge, tooĪs if the average cost of daycare and being put on a waitlist for daycare isn’t challenging - and expensive - enough, three in four parents (75%) estimate that there are fewer than half a dozen daycare centers within a 20-minute drive of their home. Department of Health and Human Services (HHS), child care is considered affordable when it costs families no more than 7% of their household income. Of parents surveyed, 67% are spending 20% or more of their annual household income on child care (up from 51% in 2022), and 89% spend 10% or more of their annual household income on child care (up from 72% in 2022). New data on the cost of child care from the 10th annual 2023 Cost of Care Report reveals: Child care is not affordable for most parents “Child care is claiming a disproportionate amount of household incomes, and a decade of rising child care costs should be a wakeup call that the system as we know it completely fails the vast majority of families.” Key findings from the 2023 Cost of Care Report “America’s child care crisis is just that: a crisis for the entire country and it impacts us all, whether you have children or not,” said Tim Allen, CEO,. It’s no surprise that 50% of parents are more concerned about the cost of child care than they were at this time last year. And 59% of parents surveyed tell us they are planning to spend more than $18,000 per child on child care in 2023. Today, families are spending, on average, 27% of their household income on child care expenses. That’s just one key finding from the 10th annual report, which is based on feedback from 3,000 parents and provides our most thorough look at child care costs yet, including a current-, 5- and 10-year lookback.įor the 10th year in a row, child care costs have continued to rise. families, particularly low-income and middle-class households, according to the 2023 Cost of Care Report. Child care is unaffordable for the majority of U.S. ![]()
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