I was reading an article the other day about the cost of child care, and while I remember it being expensive, I didn’t realize just how expensive. Before the twins were born I worked full-time, and Luke was in daycare. We spent about $9,000 per year, which is a lot, but I thought it was reasonable because we only had one child at the time. I still made enough to bring home a decent salary after child care. Then came the twins. We decided as soon as we found out that I wouldn’t be able to work. I mean, $27,000 per year? Can anyone afford that? That’s more than the majority of Americans pay for their mortgage or rent.
Now don’t get me wrong, I think that child care providers deserve every penny that they make, but how much of that do they really see? Considering the BLS shows the average child care workers’ salary is $19,510 per year and preschool teachers’ salary is $27,130, I would say not much. Can there really be $130,000 of overhead per classroom per year? I’m not sure, I guess it’s possible, especially in small centers. It doesn’t change the fact that child care is becoming more and more unattainable for the majority of Americans. I have a master’s degree and can’t afford to work. Seems crazy right?
In 2/3 of the US, child care for one year is more expensive than college at a public university. As parents, we are spending more money to get through the preschool years than we will spend to ship them off to college. Child care costs are rising faster than incomes. What are families supposed to do? Are we stepping back in time to a place where women will no longer be able to have a career and children?
I realize that these costs vary wildly by state and that some states are actually affordable. Most of them aren’t. The county where we live averages $12,000- $14,000 per child, per year. Full-time preschool is around $20,000 per child and doesn’t include summers.
What are your thoughts on child care costs? I would love to hear opinions from child care providers and those who work!!!!
Until our next adventure,