Raising a child is priceless, but the childcare bill? Not so much.
The average cost for center-based infant care is a jaw-dropping $14,760 per year.
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Childcare Eats Into Family Budgets
For many families, childcare costs feel like a financial black hole:
In some states, it devours up to 18% of household income.
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Parents Are Leaving Work Because of Costs
The childcare crisis doesn’t just hit wallets; it hits careers:
Between 1.2 and 1.5 million workers (90% of them mothers) cut hours or miss work each month because they can’t afford childcare.
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Limited Engagement
59% of households with children under five have seen one parent reduce work hours or leave their job entirely due to the lack of affordable childcare options
The result? A system that’s stretched thin, leaving families to pick up the pieces while balancing their budgets, careers, and sanity.
For many families, childcare costs feel like a financial black hole:
In some states, it devours up to 18% of household income.