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According to Bankrate’s Cost of Infant Care Study, parents pay an average of $14,070 a year to put one infant child in full-time daycare. And overall child care costs are $11,582 on average per ...
Families spent as much as $15,600 per year on full-day care per child in 2022 (the latest year for which data is available), although those with infants can face costs as high as $31,544 annually ...
In 2020, the average cost of child care was over $10,000 a year, according to a report by Child Care Aware, a national network of more than 400 child care agencies. In 2021, child care costs rose ...
Child Poverty Action Group’s annual cost of a child report looks at how much it costs families to provide a minimum socially acceptable standard of living for their children. The 2022 report shows the cost of raising a child from birth to 18 years old as £157,562 for a couple family or £208,735 for a single parent/guardian. [7]
The Australian Government's Child Care Subsidy [6] scheme provides assistance with child care costs, but this still leaves many families with a large out of pocket expense. The median weekly cost of center-based long day care in 2013 was approximately A$364 [7] which puts it out of the reach of lower income earners. [8]
Child care assistance helps families succeed financially. [1] When families receive child care assistance they are more likely to be employed and to have higher earnings. Approximately 1.8 million children [2] receive CCDBG-funded child care in an average month. Yet, only one in seven eligible children receives child care assistance. [3]
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5 most affordable states for infant care. South Dakota, 8.7%. North Dakota, 9.8%. Utah, 10.3%. Idaho, 10.9%. South Carolina, 11.2%. In parts of the country with more affordable child care, like ...