Apr 18, 2016 11:17 AM
Child care is costing some families more than college tuition
Parents know, the cost of child care takes a bite out of your budget, but just how much may be surprising…
New Hampshire families are paying an average cost of infant care at just over $11,000 a year, about 18 % lower than in state tuition at a four year public college. Infant care takes about 14% of the average family’s income. New Hampshire ranks 12th out of the 50 states for child care.
In Massachusetts the average cost of care for just one child is just over $17,000 a year. That is nearly 60% more than in-state tuition at a public college, and nearly 20 percent of a typical family’s income. Massachusetts ranks as the second highest in the nation for child care costs.
In Maine the cost is also high, about $9,500 a year, 1.5% more than in state tuition at a four year college, nearly 17% of a family’s average income.
These numbers come from the Economic Policy Institute which is calling for change in policies not only to make child care more affordable, but for child care workers to earn more money. The U.S. Department of Health and Human Services says child care is affordable if it costs no more than 10% of a family’s income.