The Rising Cost and Impact of Childcare on American Families.
TL;DR Summary
Childcare costs have increased by 220% in the US since 1990, with families now paying an average of $10,600 per year for one child. The cost varies by state, with the most expensive being in Washington D.C., where families pay an average of $24,396 per year. The high cost of childcare is forcing many parents, particularly women, out of the workforce. President Joe Biden signed an executive order in April to expand childcare accessibility and lower costs, but the directives fell short of his original $276 billion subsidized childcare plan.
- Childcare costs have soared by 220% in three decades, figures show Daily Mail
- Average cost of child care hit $10,600 in 2021 Axios
- Lack of child care forces Iowans to leave or change jobs, report finds Des Moines Register
- Study: Lack of affordable day care is costing Michigan WOODTV.com
- The cost of Utah's child care crisis Axios
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