the momnod blog

Great MSN article on the Cost of Childcare

January 31, 2008 · Leave a Comment

This MSN article discusses the insane cost of childcare in the US today.  Come on, it’s basically paying rent on your kids until they go to high school and 4 years later you really get to pay. (Especially with the financial aid you’ll be enjoying as a dual-income home)

 cms30180lg.jpgWith child care for infants running as high as $14,650 a year and care for a 4-year-old in a licensed center as high as $10,920, child-care costs have outpaced what the average family spends on food, according to the National Association of Child Care Resources and Referral Agencies.”

-The child-care crisis   msn.com

When both parents work, families need someone to mind the kids. But with costs as high as $14,650 a year, day care can swallow most of one parent’s wages. 

Categories: career · childcare · money · stats
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