Summary
A report from DeMayo Law shows Massachusetts has the highest child care costs in the U.S., while Mississippi has the lowest. The study highlights that many American families spend a much larger portion of their income on child care than the recommended 7%.
Key Facts
- Massachusetts has the highest average annual child care cost at $18,380.
- The cost of child care for infants in Massachusetts can reach $23,191 annually.
- In Massachusetts, families spend 30.29% of their income on child care.
- Mississippi is the most affordable state with families spending 12.36% of their income on child care.
- The report suggests child care costs rise due to wages, rent, and inflation-related pressures.
- Child care costs are higher in states with higher living costs and strict quality standards.
- The DeMayo Law rankings used data from the National Database of Childcare Prices and Bureau of Labor Statistics.