This is no surprise for parents: Child care costs. And it’s getting costlier, a new report finds.
In more than half of states, it costs families more to put an infant in a child care center than to cover tuition and fees at a public college, according to a new analysis by Child Care Aware of America, a nonprofit advocacy group focused on child care access.
Child care costs have surged over the past year: The average cost of putting an infant into a child care center vaulted 2.7% between 2011 and 2012, the report found.
Putting a 4-year-old into such a center became 2.6% more expensive. And costs for putting tots into family child care homes increased even more steeply, the analysis showed.
Meanwhile, incomes haven't kept up. Between 2011 and 2012, the national median household income increased only 1.7%, according to the American Community Survey. From state to state, that average price ranges from $4,863 in Mississippi to $16,430 in Massachusetts, according to the report.
Lowest someone called into the show with was $150-$200 per kid per week, the most was $250-300 per kid per week.
What is it about a Daycare that makes you willing to pay this much?