Is high quality care affordable for all families and is the cost of care increasing over time?
The cost of high quality care is too high for many working families; full-day child care for one child easily costs $4,000 to $10,000 per year – equal to what families pay for college tuition plus room and board at a public university. Many hard working families earn too little to be able to afford the cost of child care. About half of families with young children earn less then $35,000 per year. A family with both parents working full time at minimum wage earns only $21,400 per year. And, as is true for most services, child care costs have been rising over time, making it increasingly difficult for parents to afford the good quality care they want. For instance, between 1990 and 1996, the average cost per year of child care for an infant increased by nearly $1,000 for parents in Durham, North Carolina, and by almost $800 for parents in Oakland, California.
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- Is high quality care affordable for all families and is the cost of care increasing over time?
