Childcare costs rising faster than rent, new research shows
Summary
Childcare costs in the U.S. are increasing faster than rent. Nearly 8% of families now spend more than $2,000 a month on daycare, nanny services, and similar programs.Key Facts
- Childcare costs are rising more quickly than rent prices.
- About 8% of U.S. households pay over $2,000 monthly for childcare.
- Expenses include daycare centers, nanny care, and other child programs.
- The rising costs are causing financial strain for many families.
- The information comes from new research covered by CBS News.
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