Quantcast
Channel: Business Insider
Viewing all articles
Browse latest Browse all 115236

States Where Daycare Costs More Than A College Education

0
0

At more than $234,000, the cost of raising a child in the U.S. is higher than ever, according to a recent report by the U.S. Department of Agriculture. 

Out of families' budgets, childcare ranked as the second-largest expenditure, taking up 18 percent of their spending. It's not hard to see why. 

"Nearly half of children under the age of five in the U.S. are in some form of childcare center or family childcare home for an average of 35 hours a week," according to Good.is. "But in a period of slow economic growth, paying for this service is increasingly difficult for parents all across the country."

In some states, childcare actually costs more than a college education.

Take a look at Good's infographic to see where >  

 good

 

Please follow Your Money on Twitter and Facebook.

Join the conversation about this story »





Viewing all articles
Browse latest Browse all 115236

Latest Images

Trending Articles





Latest Images